Oman to implement India’s UPI and RuPay Card System in the Middle East

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Oman will begin using India’s United Payment Interface (UPI) and RuPay credit and debit cards, joining a growing number of countries that use and accept ‘Made in India’ payment solutions.

The development occurred during V. Muraleedharan’s two-day visit to the country as Minister of State for External Affairs. During the minister’s visit, the National Payments Corporation of India (NPCI) and the Central Bank of Oman (CBO) signed an agreement for collaboration in fintech and payments. With this, Oman has become the fourth Middle Eastern country to begin using India’s homegrown payment system, following in the footsteps of neighbours Bahrain, Saudi Arabia, and the United Arab Emirates. The Middle Eastern country has joined Singapore, Malaysia, Thailand, the Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan (in collaboration with Liquid Group), as well as Nepal, Bhutan, France, the United Kingdom, and Russia in deploying or planning to deploy UPI.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Oman to implement India’s UPI and RuPay Card System in the Middle East

Oman will begin using India’s United Payment Interface (UPI) and RuPay credit and debit cards, joining a growing number of countries that use and accept ‘Made in India’ payment solutions.

The development occurred during V. Muraleedharan’s two-day visit to the country as Minister of State for External Affairs. During the minister’s visit, the National Payments Corporation of India (NPCI) and the Central Bank of Oman (CBO) signed an agreement for collaboration in fintech and payments. With this, Oman has become the fourth Middle Eastern country to begin using India’s homegrown payment system, following in the footsteps of neighbours Bahrain, Saudi Arabia, and the United Arab Emirates. The Middle Eastern country has joined Singapore, Malaysia, Thailand, the Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan (in collaboration with Liquid Group), as well as Nepal, Bhutan, France, the United Kingdom, and Russia in deploying or planning to deploy UPI.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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