Indian expats, visitors can now make payments via PhonePe; here's how

PhonePe UAE

In a significant move catering to the needs of Indian expats and visitors in the UAE, PhonePe, the popular Indian digital payments platform, has expanded its services to allow transactions through its app. This expansion comes through a strategic partnership between PhonePe and Mashreq Bank, a prominent financial institution based in Dubai.

The collaboration enables Indian citizens residing or working in the UAE to utilize the PhonePe App for making payments conveniently across various retail stores, dining outlets, and tourist attractions. These transactions can be seamlessly conducted at Mashreq’s NEOPAY Terminals, providing users with enhanced accessibility and flexibility in managing their finances while in the UAE.

One of the notable features of this initiative is the ability to conduct transactions in Indian rupees, with the currency exchange rate displayed at the terminal. This feature ensures transparency and clarity for users, allowing them to track and manage their expenses effectively.

To activate PhonePe International and initiate payments in the UAE, users need to follow a simple process within the PhonePe app. By accessing the "Payment Settings" section and selecting "UPI International," users can activate the feature and link their preferred bank account for international UPI payments. Once activated, users can seamlessly scan the QR code displayed at NEOPAY Terminals using the PhonePe app to initiate transactions.

For Indian expatriates residing in the UAE, the process is equally straightforward. By downloading the PhonePe app on their mobile devices and linking their existing NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, they can leverage the app for making payments at NEOPAY Terminals across various establishments.

This expansion of PhonePe's services in the UAE reflects the growing demand for convenient and secure digital payment solutions among Indian expats and visitors. By partnering with Mashreq Bank and leveraging NEOPAY Terminals, PhonePe aims to provide a seamless payment experience while also contributing to the digital transformation of financial transactions in the region.

Moreover, this collaboration aligns with the UAE's commitment to fostering innovation and embracing digital technologies to enhance the overall experience for residents and visitors alike. As the UAE continues to position itself as a global hub for commerce and tourism, initiatives like PhonePe's expansion play a vital role in supporting the diverse needs of its multicultural population.

Overall, the introduction of PhonePe's services in the UAE represents a significant step forward in empowering Indian expats and visitors with convenient and secure payment options. With the ability to conduct transactions in Indian rupees and the ease of use offered by the PhonePe app, users can now enjoy greater convenience and flexibility in managing their finances while in the UAE.