Al Maya Supermarkets, a leading UAE chain, proudly announces the acceptance of Unified Payment Interface (UPI) payments across all its outlets. This move follows Indian Prime Minister Narendra Modi’s recent visit to the UAE, underscoring the strengthening economic ties between the two countries.
Kamal Vachani, Group Director and Partner of Al Maya Group, emphasized the benefits of UPI for Indian customers. “We are thrilled to introduce UPI in the UAE. This innovative payment method will enhance the shopping experience for our customers and further solidify the economic relationship between India and the UAE,” Vachani said.
The first UPI transaction at Al Maya Supermarket took place with Yatin Patel, Deputy Consul General of India in Dubai, present, highlighting the importance of this development for bilateral relations.
UPI, developed by the National Payments Corporation of India (NPCI) in 2016, is one of the world’s largest real-time payment platforms. According to ACI Worldwide, India accounted for 49% of global real-time payments in 2023. UPI’s success in India has spurred global collaborations, and its introduction in the UAE—a key destination for Indian tourists—is expected to benefit both countries.
Vachani added, “With UPI’s proven success and growing global acceptance, we are confident it will lead to more efficient transactions and benefit both our customers and the broader economy.”