In a bid to bolster tourism ties and foster economic collaboration, Prime Minister Narendra Modi and UAE President Sheikh Mohammed Bin Zayed Al Nahyan unveiled the UPI RuPay card service in Abu Dhabi. This significant move is expected to pave the way for seamless cross-border transactions, enhancing the travel experience for visitors between the two nations.
The introduction of the UPI RuPay card follows the Memorandum of Understanding (MoU) on interlinking payment and messaging systems signed in July last year during Prime Minister Modi’s visit to Abu Dhabi. This technological advancement aims to streamline financial transactions for tourists and business travelers alike.
India’s UPI system has not only made its mark domestically but has also expanded its reach to Sri Lanka and Mauritius on February 12, showcasing India’s commitment to extending technological and financial solutions globally.
During the meeting, Prime Minister Modi expressed gratitude for the…