India’s Unified Payments Interface (UPI) platform and RuPay cards could soon be accepted in Oman, benefiting Indian workers and professionals residing in the sultanate.

• In a significant step to expand economic cooperation between the two countries, a memorandum of understanding (MoU) was signed between Central Bank of Oman (CBO) and National Payments Corporation of India (NPCI) for cooperation in digital payment systems.
• The MoU was signed by H E Tahir bin Salim al Amri, CBO’s executive president and Ritesh Shukla, CEO of International Payments Limited, a subsidiary of NPCI.
• NPCI has created a robust payments infrastructure and changed the way payments are made in India through its innovative retail payment solutions such as RuPay card and UPI platform.