Noida: Axis bank has partnered with Setu to launch UPISetu, the only UPI focussed payments platform for developers and businesses. According to the company, this product will be compatible with a wide range of UPI products. This would cover payments made with QR codes EMI UPI Autopay and even the third-party validation service.
Pine Labs asserts that UPI will become the preferred payment gateway going forward and as such it is constantly developing cutting-edge goods and services to support India’s digital payment infrastructure. When considering other payment methods like debit cards and credit cards the UPI-centric product launch coincides with the payments modes exponential growth and increasing acceptance.
Wallets credit lines and credit cards are also becoming more and more integrated with it. Even though it supports every UPI function it does so with the aid of carefully thought-out APIs that are created to meet the requirements of different industry verticals banks and other organizations.
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