Doha, Qatar: In a landmark move to boost cross-border digital payments, Qatar National Bank (QNB) has enabled LuLu Hypermarket Qatar to become the first major retail chain in the country to accept Unified Payments Interface (UPI) transactions across all its stores. The initiative marks a significant milestone in strengthening financial cooperation between Qatar and India, while promoting innovation in digital payment systems that cater to the needs of Indian residents and visitors.
The
official launch ceremony took place at LuLu Hypermarket, The Pearl-Qatar, and was graced by the
presence of India’s Hon’ble Union Minister of
Commerce & Industry, Shri Piyush Goyal, along with senior
officials from QNB
and LuLu Hypermarket.
The event celebrated the growing partnership between the two nations in
enhancing secure, seamless, and technology-driven payment solutions, reflecting
both countries’ shared vision of advancing financial inclusion and convenience.
As part of this partnership, QNB has implemented QR code–based UPI payment
solutions across LuLu’s extensive retail network in Qatar. This
enables Indian travelers and residents to make instant payments directly from
their Indian bank accounts using UPI-enabled mobile applications. The system ensures
faster, safer, and more convenient transactions, eliminating the need for
currency exchange or international cards.
The introduction of UPI payments at LuLu
Hypermarkets also comes as part of QNB’s wider strategy to expand UPI infrastructure
across Qatar’s key tourist destinations, retail outlets, and hospitality partners.
This expansion will further enhance Qatar’s reputation as a digital-friendly and
visitor-centric destination, especially for the large number of
Indian tourists who visit the country each year.
This milestone reflects QNB’s continued commitment to
supporting Qatar’s National Digital Vision
and driving the nation’s transition toward a cashless economy. By enabling
UPI payments, QNB continues to lead the region in providing innovative and interoperable
cross-border payment solutions, contributing to financial
modernization and inclusion. The QNB Cards and Payments Division remains a pioneer in
delivering safe, secure, and advanced digital payment systems.
Speaking on the occasion, Dr. Mohamed Althaf, Global Director of LuLu Group International, said: “I am happy to see that India’s UPI is now available in Qatar. UPI has gained remarkable global acceptance as a trusted and efficient digital payment platform, connecting millions of users worldwide. Its introduction here will not only benefit Indian visitors and residents but also support Qatar’s vision of promoting cashless transactions and financial innovation.” LuLu Hypermarket, one of the most trusted retail brands in the region, proudly embraces this initiative as a progressive step to enhance customer convenience through its strategic partnership with QNB.