26-Sep-2025
Qatar Becomes 8th Country to Adopt UPI
News in Shorts
Why in News?
NPCI has partnered with Qatar National Bank (QNB) to implement UPI in Qatar, following Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka & UAE.
- Indians are the 2nd largest group of visitors to Qatar; UPI adoption reduces cash use and currency exchange hassles.
- Developed by NPCI, UPI is a leading digital payment system enabling real-time, secure, low-cost transactions.
- Built on IMPS and integrates Aadhaar Enabled Payment System (AePS).