UPI remittance service to India-Launched in Qatar

Commercial Bank, the most innovative digital Bank in Qatar, announced the launch of UPI remittance service to India, becoming the first bank in Qatar to offer this service.

UPI (Unified Payment Interface) is a real-time payment system that enables customers to transfer funds between bank accounts instantly using UPI-ID without the need for bank account details or IFSC codes while creating a beneficiary.

Using Commercial Banking digital platforms customers can now initiate UPI payments using UPI-ID. Available 24/7, transactions can be initiated and completed within 60 seconds.

https://thepeninsulaqatar.com/article/14/03/202...