NPCI Plans New Feature To Let Users Save UPI IDs On Merchant Platforms

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SUMMARY

With this feature, customers would be able to save their UPI ID or handles on a merchant’s website or app

The move is aimed at streamlining the payment process and will put UPI payments in line with how online card payments work today

Currently, while shopping online, customers have to select the UPI payment option and then choose their preferred UPI app or UPI ID they want to use for the transaction

The National Payments Corporation of India (NPCI) is reportedly…



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NPCI Plans New Feature To Let Users Save UPI IDs On Merchant Platforms


SUMMARY

With this feature, customers would be able to save their UPI ID or handles on a merchant’s website or app

The move is aimed at streamlining the payment process and will put UPI payments in line with how online card payments work today

Currently, while shopping online, customers have to select the UPI payment option and then choose their preferred UPI app or UPI ID they want to use for the transaction

The National Payments Corporation of India (NPCI) is reportedly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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