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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

Send money from Qatar to India at any Qatar Post outlet.

2

Money goes to a bank account that works with Unified Payments Interface.

3

Transfers happen instantly after the sender’s details are checked.

4

A flat fee of fifteen Qatari riyals is charged per transfer.

5

Maximum amount per transfer is about one hundred thousand Indian rupees.

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Summary

The system uses India's Unified Payments Interface, a secure online way to move money.

Customers visit a Qatar Post location, give the recipient’s UPI ID and ID details, and the money arrives instantly.

Each transfer costs fifteen Qatari riyals and can be between ten and four thousand Qatari riyals.

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New Words to Learn

10 words
remittance
sending money to someone far away
Unified Payments Interface
a computer system in India that helps move money quickly and safely
Qatari riyal
the money used in Qatar
beneficiary
the person who receives the money
transaction
the act of sending or receiving money
service charge
a small extra fee for using the service
financial inclusion
making it easier for more people to use banking services
collaboration
people working together
digital
using computers and the internet
infrastructure
the basic systems and tools that make a service work
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