India’s UPI is set to be fully rolled out in Qatar, simplifying transactions for the Indian diaspora and boosting fintech collaboration. This follows an eight-month partnership between NPCI and Qatar National Bank (QNB). It allows UPI payments across QNB’s merchant network.
In addition, Qatar has pledged $10 billion (Rs 87,000 crore) in investments in sectors such as fintech and space. India has already received $1.5 billion (Rs 13,100 crore) in FDI from Qatar. The move strengthens digital payments and ties between the two countries.