Tech
NPCI Exploring EMI On UPI Payments
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SUMMARY
The payments body is set to allow fintech companies to integrate the feature to allow users to convert their UPI payments into EMIs
Notably, the NPCI already has two credit products for UPI – RuPay credit cards and credit line on UPI
The number of UPI transactions grew 2.8% MoM to 20.01 Bn in August to touch a fresh all-time high
In a bid to further increase the usage of the Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) is…
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