Unified Payments Interface to Aid Indian Merchants in Going Cashless

by November 16, 2016 0 comments

PayU India has partnered with NPCI to launch UPI for Indian merchants. The development will allow users to complete the entire transaction using their bank accounts.  There is no need to pre-load your money in your wallets. It allows payments to different merchants without the hassle of typing one’s card details or net-banking password.

Sharing his thoughts on the announcement, B. Amrish Rau, CEO of PayU India said, While Wallets have done their bit, we feel strongly that the Indian consumer would like to directly use their bank account and hence have partnered with NPCI to deliver a smooth user check out experience on UPI. We intend to bring this experience to all our 30 Million consumers and 150,000 merchants.”

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