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.
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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.