UPI to be launched in Qatar soon

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.

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