NPCI to soon to let users save UPI IDs at merchant checkouts

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The National Payments Corporation of India (NPCI) is planning to enable customers to save their favoured or most-used Unified Payments Interface (UPI) ID on popular merchant websites, according to three people in the know.

Currently a customer while checking out on an ecommerce site typically selects the UPI app and then the specific account through which he or she intends to pay. Once the customer locks the favoured UPI ID, one step in the payment flow can be bypassed, the people said.

“NPCI is toying with this idea, which is being referred to as…



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NPCI to soon to let users save UPI IDs at merchant checkouts


The National Payments Corporation of India (NPCI) is planning to enable customers to save their favoured or most-used Unified Payments Interface (UPI) ID on popular merchant websites, according to three people in the know.

Currently a customer while checking out on an ecommerce site typically selects the UPI app and then the specific account through which he or she intends to pay. Once the customer locks the favoured UPI ID, one step in the payment flow can be bypassed, the people said.

“NPCI is toying with this idea, which is being referred to as…



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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