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UPI Goes Live in Qatar via NIPL and QNB

27 September 20251 min read
BANKING & FINANCEUPI Goes Live inQatar via NIPL andQNB27 September 2025safalsetu.com

Why in the news

In September 2025, NPCI International Payments Limited (NIPL) and Qatar National Bank (QNB) started QR-based UPI payments for Indian visitors to Qatar.

Key facts

  • NIPL: wholly owned subsidiary of NPCI.
  • First merchant: Qatar Duty Free, Hamad International Airport, Doha.
  • Country list: Qatar is the 8th, after Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka and UAE.
  • Settlement: instant, converting INR to QAR at going forex rates.
  • Solution provider: NETSTARS, a Japanese payment aggregator.

Exam angle

  • Partner bank: QNB; NPCI arm: NIPL.
  • Currency conversion: INR to QAR.

Test yourself

1. Which NPCI arm launched UPI services in Qatar with Qatar National Bank?

NPCI International Payments Limited (NIPL) partnered with QNB.

2. Qatar became which numbered country to adopt UPI?

The notes call Qatar the 8th UPI country.

3. Who was the first merchant to accept UPI under the Qatar launch?

The first merchant was Qatar Duty Free at Hamad International Airport, Doha.

This topic is part of Daily Current Affairs 27 September 2025 (19 topics).

All topics of the dayDay quizSeptember 2025

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