India’s ICICI enables non-resident Indian customers to make UPI payments

The service is available through the iMobile Pay app.

ICICI Bank has enabled non-resident Indian (NRI) customers to use their international mobile number to make UPI Payments instantly in India.

In a press release, ICICI Bank said that this move enables NRI customers to make payments for their utility bills, merchant, and e-commerce transactions with their international mobile number registered with their NRE/ NRO bank account held within the bank.

The service is available through the mobile banking app iMobile Pay. NRI customers can make UPI payments by scanning any Indian QR code, sending money to a UPI ID or any Indian mobile number or Indian bank account.

ALSO READ: India changes criteria for small banks seeking to be universal banks

The facility is now available in 10 countries: USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar and Saudi Arabia.

Previously, NRIs needed to register an Indian mobile number with their banks to make UPI payments.

ICICI Bank leveraged the international infrastructure of the National Payments Corporation of India (NPCI) for convenient usage of UPI across countries. 

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.