Source: BS
Context:
In September 2025, NPCI International Payments Limited (NIPL), a wholly owned subsidiary of NPCI, in partnership with Qatar National Bank (QNB), launched QR-based Unified Payments Interface (UPI) services for Indian travelers in Qatar.
Key Highlights:
- First Merchant: Qatar Duty Free, Hamad International Airport, Doha.
- UPI Integration: Qatar becomes the 8th country to adopt UPI, after Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and UAE.
- Payment Conversion: Transactions settle instantly, converting INR to QAR at prevailing forex rates.
- Payment Solution Provider: NETSTARS, a Japanese Payment Aggregator (PA).
