tag

In cooperation with India’s NPCI International Payments Limited (NIPL), QNB has enabled the acceptance of QR code-based Unified Payments Interface (UPI) across Qatar via point-of-sale (POS) terminals for QNB’s merchant clients powered by NETSTARS’ payment solution.To mark this significant milestone, a special ceremony was held at QNB, attended by the Indian Ambassador to Qatar, Vipul, alongside senior executives from QNB Group and Qatar Airways Group, highlighting the strong bilateral cooperation and commitment to enhancing payment convenience for Indian travelers.Qatar Duty Free (QDF), part of Qatar Airways Group, became the first merchant to go live on UPI, enabling Indian travelers, who represent the second largest segment of visitors to the country, to make seamless payments at duty-free stores, making their shopping experience memorable.This move will also allow them to carry out UPI payments seamlessly at the country’s major tourist attractions, helping them to make real-time transactions by limiting the need to carry cash and currency exchange hassle.The acceptance of UPI in Qatar promotes interoperability and expands UPI's global reach. Moreover, it is expected to benefit Qatar's retail and tourism sectors as UPI acceptance will increase transaction volumes of merchants who will be able to scale their business while offering convenience to customers.Yousef Mahmoud Al-Neama, Group Chief Business Officer, QNB, said, “We are excited to introduce UPI in Qatar and proud to be at the forefront of innovating the payment landscape. This milestone not only enhances the convenience for Indian travelers but also brings significant benefits to the Qatari market by promoting cashless transactions, boosting retail and tourist sectors, and strengthening interoperability in the payments ecosystem. Importantly, it will also enable local merchants to thrive by attracting more customers and providing them with seamless digital payment options.” Ritesh Shukla, CEO, NPCI International, said, "We aim to enhance the acceptance of UPI globally and create a truly interoperable global payment network. The partnership with QNB is a step towards this journey. It will help millions of Indian travellers make seamless, secure digital transactions and reduce their dependence on cash. “As UPI makes its mark, we are focused on driving interoperability and making cross-border payment experiences hassle-free for users."Tuyoshi Ri, Representative Director and CEO of NETSTARS Company said, “We are honoured to be part of this strategic partnership and milestone, enabling UPI for the first time in Qatar together with NPCI International, Qatar Airways Group and Qatar National Bank. This aligns with our mission to expand seamless and secure payment experiences globally. We are proud to contribute to this launch in Qatar, which will empower local merchants in Qatar to accept digital payments conveniently and efficiently from millions of international travellers.”

Commercial Bank has signed a strategic agreement with NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI) to enable Unified Payments Interface (UPI) QR code acceptance across its merchant network in Qatar. This milestone expands the global reach of UPI, strengthening its position as a trusted enabler of seamless cross-border digital payments. UPI is a widely used digital payment method in India, processing over 20bn transactions monthly as of August this year. Through this agreement, Commercial Bank will introduce UPI acceptance across its wide merchant base, offering customers reliable, real-time, and user-friendly payment options. The partnership will focus on broadening payment choices for Indian travellers elevating their payment experience across retail, hospitality, and F&B sectors.Shahnawaz Rashid, Executive General Manager and Head of Retail Banking, Commercial Bank said, “This collaboration with NPCI International reflects Commercial Bank’s commitment to innovation and responsiveness to market needs. UPI is a proven success in India, and we are proud to support its expansion in Qatar, enhancing convenience and customer experience across our network.”Ritesh Shukla, MD & CEO of NPCI International, said, “We are happy to partner with Commercial Bank to expand UPI acceptance in Qatar. This collaboration will soon enable Indian travellers to experience the same convenience, simplicity and trust they experience when using UPI in India.” This agreement underlines Commercial Bank’s leadership in digital transformation, expanding secure and convenient payment solutions for customers while contributing to the future of cashless transactions in Qatar and NIPL’s commitment to expanding UPI’s global presence, enabling secure and convenient cross-border payments, advancing the future of cashless transactions.