Abhishek012
TF Pioneer
UAE supermarket introduces UPI payments across outlets countrywide:
A UAE-based business conglomerate, Al Maya Group, has begun accepting India's Unified Payment Interface (UPI) across its outlets. The first UPI transaction took place at Al Maya Supermarket, attended by Deputy Consul General of India in Dubai, Yatin Patel. Kamal Vachani, Group Director, emphasized that UPI will enhance convenience for Indian customers and strengthen UAE-India economic ties. This move marks a significant step in UPI's global expansion, offering a seamless payment experience for Indian tourists and benefiting both nations' economies.
A UAE-based business conglomerate has announced the acceptance of India's Unified Payment Interface payments across its outlets in the country. Unified Payment Interface (UPI) is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.
The inaugural transaction using UPI at the Al Maya Supermarket was conducted in the presence of the Deputy Consul General of India in Dubai, Yatin Patel.
Kamal Vachani, Group Director and Partner of Al Maya Group, highlighted the convenience and benefits that UPI payments bring to Indian customers.
"We are thrilled to be at the forefront of this innovative payment solution in the UAE. The introduction of UPI will not only enhance the shopping experience for our customers but also strengthen the economic ties between India and the UAE," Vachani said.
He said the availability of UPI payment services is expected to enhance convenience and ease of transactions for Indian visitors, benefiting both nations.
UPI's success in India has led to global collaborations across several countries, and the UAE stands to benefit significantly from such integration given that it is a major destination for Indian tourists, he said.
"With UPI's proven track record and its growing acceptance worldwide, we are confident that this will pave the way for more seamless and efficient transactions, benefitting not just our customers but also the broader economy," he added.
A UAE-based business conglomerate, Al Maya Group, has begun accepting India's Unified Payment Interface (UPI) across its outlets. The first UPI transaction took place at Al Maya Supermarket, attended by Deputy Consul General of India in Dubai, Yatin Patel. Kamal Vachani, Group Director, emphasized that UPI will enhance convenience for Indian customers and strengthen UAE-India economic ties. This move marks a significant step in UPI's global expansion, offering a seamless payment experience for Indian tourists and benefiting both nations' economies.
A UAE-based business conglomerate has announced the acceptance of India's Unified Payment Interface payments across its outlets in the country. Unified Payment Interface (UPI) is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.
The inaugural transaction using UPI at the Al Maya Supermarket was conducted in the presence of the Deputy Consul General of India in Dubai, Yatin Patel.
Kamal Vachani, Group Director and Partner of Al Maya Group, highlighted the convenience and benefits that UPI payments bring to Indian customers.
"We are thrilled to be at the forefront of this innovative payment solution in the UAE. The introduction of UPI will not only enhance the shopping experience for our customers but also strengthen the economic ties between India and the UAE," Vachani said.
He said the availability of UPI payment services is expected to enhance convenience and ease of transactions for Indian visitors, benefiting both nations.
UPI's success in India has led to global collaborations across several countries, and the UAE stands to benefit significantly from such integration given that it is a major destination for Indian tourists, he said.
"With UPI's proven track record and its growing acceptance worldwide, we are confident that this will pave the way for more seamless and efficient transactions, benefitting not just our customers but also the broader economy," he added.
