ICICI bank unveils UPI payments for NRI customers with international numbers

Updated : May 07, 2024 11:56
|
Editorji News Desk

If you're an NRI who uses UPI to make payments in India, you now no longer will need to keep an India number just to make payments. ICICI Bank has announced that it has enabled UPI for its NRI customers in India through their international mobile numbers. According to the bank, this will significantly enhance convenience of making everyday payments.

"With this facility, the NRI customers of the bank can make payments for their utility bills, merchant and e-commerce transactions with their international mobile number registered with their NRE/NRO bank account held with ICICI Bank in India," a statement released here by the bank said.

According to the statement, the bank has made this service available through its mobile banking app iMobile Pay.

UPI enabled for NRIs

Earlier, NRIs had to register an Indian mobile number with their bank accounts to make UPI payments across 10 countries, namely, the USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar and Saudi Arabia. NRI customers of the bank can make UPI payments by scanning any Indian QR code, send money to a UPI ID or any Indian mobile number or Indian bank account.

"With this facility, our NRI customers residing in 10 countries do not need to switch to an Indian mobile number to pay using UPI," Sidharatha Mishra, Head Digital Channels and Partnerships, ICICI Bank, said.

As per Mishra, with this initiative, the bank intends to leverage on NPCI's UPI (Unified Payments Interface) infrastructure in "strengthening and transforming the digital payments ecosystem globally".

Also watch: India's UPI payments now accepted in seven countries: Sri Lanka, Mauritius added to list

ICICI Bank

Recommended For You

editorji | Business

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

editorji | Business

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

editorji | World

UK PM Keir Starmer hosts Indian business chiefs to boost investments

editorji | Business

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

editorji | World

New Zealand falls into recession with abrupt economic slowdown