Unified Payment Interface

Paytm, a private company handles around 60-70 lakh transactions a day, while United Payment Interface (UPI), a path-breaking digital payment solution launched by Indian Govt. handles only 70,000 transactions a day. This is certainly…

State Bank of India, which is India’s largest bank having a customer base of 200 million and 5.2 million mobile banking customers, has finally launched their own UPI (Unified Payment Interface) based app: SBI Pay. SBI has thus became…

Since official launch of UPI (Unified Payment Interface) in August this year, over 20 major banks in the country have already launched their own UPI based apps or are in process of doing so. The reason for such fast adoption is the ease…

Flipkart was no doubt fast in adapting to UPI, as they launched their app PhonePe within days of UPI’s official launch. However, other e-tailers are not falling behind either, and the race is on to be on the platform as fast as…

At a time when various banks are still struggling to create their own UPI based apps for making and accepting payments, India’s biggest ecommerce portal has already launched one. Hailed as India’s first UPI (Unified Payment…

Imagine you have ordered a product online, and opted for cash on delivery service. The courier guy arrives with the package, and after you have checked the product, you fire your new UPI (Unified Payment Interface) app, insert the…