PhonePe users can pay with UPI at NEOPAY terminals in UAE

Fintech firm PhonePe App users travelling to the UAE can now make payments using UPI at Mashreq's NEOPAY Terminals, the Walmart group digital payments firm said on Thursday. The transactions will be facilitated by the Unified Payments Interface. The account debit will occur in Indian rupee, showing the currency exchange rate, PhonePe said in a statement.