In today’s fast-evolving digital economy, UPI acquiring has become a strategic necessity for banks looking to expand their merchant ecosystem. With merchant transactions (P2M) constituting a significant share of UPI volumes, institutions that invest in robust, compliant UPI acquiring infrastructure are best positioned to capture this booming market.
E-Commerce has broken the political borders and offers products & services across different country borders. This has resulted in a high volume of cross-border goods and payment flows.
Buy Now Pay Later, as the name suggests, facilitates users to buy products now and pay at a later stage. The facility offers the advantages of a credit card without carrying the card at the time of payment.