UAE, INDIA UNITE ON PAYMENT PLATFORM: The UAE and India have collaborated to launch a Domestic Card Scheme (DCS) in the UAE, adopting India’s RuPay card technology as a model. An agreement has been inked between Emirati-based Al Etihad Payments (EAP) and India’s NPCI International Payments Limited (NIPL) to develop and implement the DCS. DCS will be the nation’s first unified, secure, and efficient card payment platform, similar to international payment processing companies such as Mastercard and Visa. The primary goal is to create a unified, safe, and efficient card payment platform. This will stimulate e-commerce growth, improve financial inclusion, reduce payment expenses, and enhance the UAE’s global competitiveness in the payments industry. (By Nivetha Dayanand, Web Editor)