ICICI Bank launches UPI for NRIs with global mobile numbers

In a move set to redefine the banking experience for Non-Resident Indians (NRIs), ICICI Bank has introduced a pioneering feature enabling them to utilize Unified Payments Interface (UPI) transactions in India through their international mobile numbers. This groundbreaking innovation is poised to revolutionize daily payments for NRIs by eliminating the necessity to register an Indian mobile number with their NRE/NRO accounts, thus ushering in a new era of convenience.

Previously, NRIs encountered obstacles in utilizing UPI as they were required to link an Indian mobile number to their accounts, limiting their payment capabilities. With the unveiling of ICICI Bank’s latest offering, NRIs can now seamlessly leverage their international mobile numbers registered with their accounts for UPI transactions, fundamentally transforming their payment experience.

Streamlined Activation Process

Activating UPI on their international mobile numbers has been made a hassle-free process for customers, thanks to the intuitive interface of the iMobile Pay app. By simply verifying their mobile number, creating a UPI ID, and selecting their account number, NRIs can effortlessly initiate UPI transactions without the inconvenience of switching to an Indian mobile number.

Pioneering Global Transactions

Sidharatha Mishra, Head of Digital Channels and Partnerships at ICICI Bank, emphasized the institution’s dedication to harnessing the UPI infrastructure provided by the National Payments Corporation of India (NPCI) to elevate the global digital payments landscape. This strategic initiative represents a significant leap towards facilitating seamless financial transactions for NRIs and promoting wider adoption of UPI across international borders.