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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 3 sources · 7 days · First seen · Last updated
Qatar-India UPI remittance service launch
Overview
On August 15, 2026, a new UPI-powered remittance service was launched to facilitate direct money transfers from Qatar to India. Developed through a collaboration between Qatar Post, India Post, the Universal Postal Union’s Interconnection Platform, and NPCI International Payments Limited, the service allows customers to send funds from Qatar Post outlets to UPI-enabled bank accounts in India.
Transaction limits for the service range from QAR 10 to QAR 4,000 per transfer, with a maximum cap equivalent to ₹1,00,000. Each transaction incurs a flat service fee of QAR 15. The initiative is intended to strengthen digital financial connectivity and bilateral cooperation between India and Qatar, specifically benefiting the Indian community residing in Qatar.
Entities
RuPay · Universal Postal Union · NPCI International Payments Limited · Sandeep Kumar · Qatar Post
Timeline
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4 days ago
[BUSINESS] 2 sourcesCheQ launches UPI payment service for RuPay credit card usersCheQ has launched CheQ UPI in India, enabling users to make payments via RuPay credit cards and bank accounts with integrated rewards for various merchants and services.
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11 days ago
[BUSINESS] 7 sourcesQatar Post launches UPI-based remittance service for transfers to IndiaQatar Post and India Post have launched a UPI-based remittance service, allowing residents in Qatar to send money directly to UPI-enabled bank accounts in India via postal outlets.
Sources
bizrapidx.com · furnishing.com · newspatrolling.com