Abu Dhabi’s Magnati and India’s NPCI Join Forces to Launch UPI in the UAE!

NPCI International Payments Limited (NIPL) has entered into a strategic partnership with Magnati, a leading payment solutions provider in the UAE, to enhance the acceptance of the Unified Payments Interface (UPI) across the region. This collaboration aims to facilitate QR-based merchant payments through point-of-sale (POS) terminals, significantly benefiting Indian travelers and merchants in the UAE. Expanding UPI Acceptance The partnership marks a pivotal step in expanding the QR-based payment network within the UAE. With over 12 million Indians visiting Dubai and other parts of the UAE annually, this initiative will allow more merchants to accept UPI as a payment method. The UPI system is recognized globally for its efficiency, processing over 16 billion transactions in December 2024 alone, showcasing its rapid growth and acceptance in India and now abroad. By integrating UPI into the UAE’s payment ecosystem, Indian tourists will enjoy seamless payment experiences while shopping and dining. The convenience of using a familiar payment method will enhance their travel experience and encourage increased spending among