December 11, 2023

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How UAE-India foreign money deal will assist companies in each international locations

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The linking of the UPI and IPP techniques will increase the native economies of each nations and provides a fillip to the 2 international locations’ tourism aspirations.

“Vacationers to each international locations will have the ability to leverage the advantages of the proposed partnership to make use of their respective home cost apps and native playing cards to pay for providers, tickets, journey bills, meals, and native service provider purchases, in addition to withdraw cash with out incurring larger transaction charges which can be presently levied by exterior cost networks,” mentioned Ahamed of Lulu Monetary Holdings.

In the meantime, Khalil Alami, Founder and CEO of Telr, a cost gateway supplier, mentioned, “Many suppliers stand able to assist companies and travellers in each international locations, benefiting from this growth to streamline their cost processes for people and entities alike.”

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