SEARCHED FOR: Unified Payment Interface

The Worldline report asserts that digital payment mechanisms, especially UPI, will continue to gain traction in India, transforming the country's financial landscape.

Now Meta-owned WhatsApp looks to accelerate the adoption of a unified payments interface (UPI) for the next 500 million Indians.

On BookMyShow, Razorpay along with its banking partner, HDFC has now enabled UPI payments through the intent flow on native mobile applications using existing UPI supported apps installed on customer’s phone.

Foodpanda announced its partnership with PhonePe to enable digital payments for all its users. As an introductory offer, users paying through PhonePe can avail a cashback of 50% up to Rs 100 on their first order.

Microsoft has partnered with Yes Bank and MobiKwik to enable digital payments services on Microsoft Kaizala in India.

Established players such as Paytm are also feeling the push and fear that their position will be challenged with the entry of WhatsApp payments.

Android users of Grofers can use UPI to pay for their shopped groceries and other items on Grofers mobile application.

Months after launching its digital payments app Google Tez, Google India has announced that now users can pay water, electricity, DTH and mobile bills with Google’s Tez without any transaction charges.

FSS, and NPCI International Payments (NIPL), the international arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets

Indian Railways has introduced the facility of booking railway tickets on Bharat Interface for Money (BHIM) app based on the Unified Payment Interface (UPI).