October 5, 2023 6:13 PM

India and UAE Forge Historic Partnership for RuPay Domestic Card Scheme Implementation

In a significant stride towards bolstering digital payments and financial inclusion in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), has inked a landmark agreement with Al Etihad Payments (AEP), an indirect subsidiary of the Central Bank of UAE. The strategic partnership paves the way for the implementation of the Domestic Card Scheme (DCS) in the UAE, powered by India's highly RuPay card networ...