Facilitating Seamless Cross-Border Transactions with UPI Payments
Home Local News Abu Dhabi UPI Payments to be Accessible Soon in the UAE; Agreement to Link UPI & AANI; Details Revealed!
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UPI Payments to be Accessible Soon in the UAE; Agreement to Link UPI & AANI; Details Revealed!

Expanding Financial Connectivity between India and the UAE

UPI Payments in UAE: India and the UAE are teaming up to bring a new way of paying to the streets of Abu Dhabi. During his visit to the UAE, Indian Prime Minister Narendra Modi revealed that soon, people in Abu Dhabi will be able to use UPI RuPay cards for payments.

Momentous Announcement at Ahlan Modi Event

The big news came during the Ahlan Modi event at Sheikh Zayed Stadium in Abu Dhabi. Prime Minister Modi and UAE President Sheikh Mohamed Bin Zayed Al Nahyan signed an agreement that will make UPI cards a reality in Abu Dhabi. The UAE President even made the first swipe with a personalized UPI card, signaling the start of this service in the UAE capital.

UPI Payments in UAE

What Does It Mean for People in Abu Dhabi?

This agreement means that the payment platforms of both countries, UPI in India and AANI in the UAE, will be linked. This linking allows for easy transactions between domestic debit and credit cards, making life simpler for everyone involved. Now, people in Abu Dhabi can expect smoother cross-border transactions, which is great news for businesses and individuals alike.

Strengthening Economic Ties

The collaboration between India and the UAE isn’t just about payments; it’s about strengthening economic ties. By making financial transactions easier and more efficient, both countries hope to boost cooperation in the financial sector and deepen their economic relationship.

Also read: FIFA Beach Soccer World Cup Set To Thrill In Dubai

UPI Payments: Expanding Reach Beyond Abu Dhabi

But the benefits don’t stop in Abu Dhabi. UPI services will soon extend to other countries like Mauritius and Sri Lanka, expanding its reach across borders. This move highlights the growing importance of UPI on the global stage, following its formal introduction at the Eiffel Tower in Paris.

A Visit of Cultural Significance

Prime Minister Modi’s visit to the Gulf region isn’t just about business; it’s also about culture. In addition to the UPI announcement, he’s set to inaugurate the BAPS temple in Abu Dhabi, emphasizing the strong cultural and spiritual connections between India and the UAE.

Also read: Oman Government Implements Ban On E-Cigarettes And Hookahs, Levies Fines Up To OMR 2,000

A Bright Future Ahead

Overall, the introduction of UPI services in Abu Dhabi marks a significant step forward in financial cooperation between India and the UAE. It promises greater convenience and efficiency for cross-border transactions, demonstrating the commitment of both nations to a connected and prosperous future.

Written by
Nidhi Singh Parihar

Hey there! I’m Nidhi, a web content writer with a knack for turning ideas into impactful words. With a B.Tech background and a passion for creativity, I switched gears from tech to text, crafting everything from SaaS copy to social media magic. Whether it’s blogs, product descriptions, or email campaigns, I love creating content that connects and converts. Let's create something amazing together!

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