Le Lézard
Classified in: Science and technology, Business
Subject: PDT

ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India


MUMBAI, India, May 7, 2024 /PRNewswire/ -- ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments. With this facility, the NRI customers of the Bank can make payments for their utility bills, merchant and e-commerce transactions with their international mobile number registered with their NRE / NRO bank account held with ICICI Bank in India. The Bank has made this service available through its mobile banking app, iMobile Pay. Earlier, NRIs had to register an Indian mobile number with their banks to make UPI payments.

To bring forth this facility, ICICI Bank has leveraged on the international infrastructure laid down by National Payments Corporation of India (NPCI) for convenient usage of UPI across countries. The Bank offers this facility across 10 countries namely USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar and Saudi Arabia.

NRI customers of the Bank 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.

Speaking on the initiative, Mr. Sidharatha Mishra, Head ? Digital Channels and Partnerships, ICICI Bank said, "We are delighted to partner with NPCI to launch the UPI facility on international mobile number through iMobile Pay. With this facility, our NRI customers residing in 10 countries do not need to switch to an Indian mobile number to pay using UPI. This launch reinforces our commitment to provide our NRI customers with innovative solutions, for them to have a safe, secure and hassle-free payment experience. We are witnessing a positive response from our NRI customers who have started using this facility. With this initiative, we intend to leverage on NPCI's UPI Infrastructure in strengthening and transforming the digital payments ecosystem globally."

Below are easy steps to activate UPI facility on international mobile number using iMobile Pay:

Step 1: Log in to iMobile Pay app
Step 2: Click on 'UPI Payments'
Step 3: Verify Mobile Number
Step 4: Click on Manage ?> My Profile
Step 5: Create new UPI ID (select from the suggested options)
Step 6: Select the Account Number -> Submit

To know more visit https://www.icicibank.com/nri-banking/money_transfer/money2india/upi

SOURCE ICICI Bank


These press releases may also interest you

at 16:14
ECC Ventures 6 Corp. (the "Company" ) is pleased to announce that Scott Ackerman has been appointed as a director of the Company, replacing Nathan Durno, who has resigned as a director of the Company. In addition, an aggregate of 1,800,000...

at 15:30
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Roblox Corporation between November 15, 2023 and May 8, 2024, both dates inclusive (the "Class Period"), of the important August 12, 2024 lead plaintiff...

at 14:50
The Alberta Electric System Operator (AESO) Board announced today that Michael Law, President and Chief Executive Officer, will leave the organization, effective August 1, 2024. Law first joined the AESO in 2009 as Vice-President, Operations and was...

at 14:19
Jennifer Mersereau, Senior Partner, Co-Founder & COO, Hamilton ETFs, Patrick Sommerville, Senior Partner, Head of Business Development, Hamilton ETFs, and their team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange , to open...

at 14:03
New research insights from Info-Tech Tech Research Group will equip food and beverage manufacturers with essential strategies for embracing digital transformation. The global research and advisory firm explains that the industry can significantly...

at 13:50
Canadian General Investments, Limited (CGI)  (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2024 was $62.50, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.3% and...



News published on and distributed by: