India, March 3 -- India's unified payment interface (UPI) is reportedly set to be rolled out in full in Qatar which will simplify financial transactions for a large number of Indian diaspora in the gulf nation and further deepen fintech collaborations between the two countries.

As per Moneycontrol, beyond fintech collaborations, the two nations are also strengthening their engagement in startups and innovation.

"Qatar will soon see the full rollout of UPI. The integration with Qatar National Bank (QNB) is complete, testing is done, and the launch has already taken place. This is a significant step in enhancing digital payments between our countries," India's ambassador to Qatar, Vipul, was quoted as saying in the report.

Moreover, the ...