Back to Career News

ICICI Bank Enables Non-Resident Customers to Use International Mobile Numbers for UPI Payments

May 07, 2024

ICICI Bank Enables Non-Resident Customers to Use International Mobile Numbers for UPI Payments

ICICI Bank has introduced a new service allowing non-resident customers to use their international mobile numbers for UPI payments in India. This means that NRIs can now conveniently pay utility bills, make merchant transactions, and engage in e-commerce using their NRE / NRO bank account linked to their international mobile number with ICICI Bank.

To access this service, customers can utilize the iMobile Pay mobile banking app. Previously, NRIs were required to register an Indian mobile number with their banks to enable UPI payments.

ICICI Bank has leveraged the international infrastructure facilitated by the National Payments Corporation of India (NPCI) to enable UPI usage across 10 countries, including the USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar, and Saudi Arabia.

With this new facility, NRI customers can perform UPI payments through various methods such as scanning Indian QR codes, transferring money to a UPI ID, or sending funds to any Indian mobile number or bank account.

Sidharatha Mishra, Head of Digital Channels and Partnerships at ICICI Bank, emphasized that this initiative aims to provide innovative and secure payment solutions tailored for NRI customers.

To activate the UPI facility on an international mobile number via the iMobile Pay app, users need to log in, verify their mobile number, manage their profile, create a new UPI ID, and select the desired account number.

This development underscores ICICI Bank’s commitment to enhancing convenience and accessibility for its non-resident clientele, simplifying UPI payments for NRIs across the globe.

Recommended for you ...

Private Banks Experience Margin Pressure as Deposit Costs Rise
Private Banks Experience Margin Pressure as Deposit Costs Rise

May 16, 2024

Canara Bank Shares Surge 4.6% After Stock Split Takes Effect
Canara Bank Shares Surge 4.6% After Stock Split Takes Effect

May 16, 2024

Private Banks in India Lead Branch Expansion Drive Over Public Sector Counterparts
Private Banks in India Lead Branch Expansion Drive Over Public Sector Counterparts

May 16, 2024

Chat on WhatsApp