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…