Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.[1] NPCI is umbrella organisation for all digital payments.[2] The interface is regulated by the Reserve Bank of India (RBI) and works by instantly transferring funds between two bank accounts on a mobile platform.

We have a solution offering for Unified Payment Interface (UPI) platform which comprises of an API interface with NPCI and a universal mobile interface for the users. Our solution supports a scalable architecture and has been developed keeping today’s security challenges in mind. UPI aims to provide a simplified and reliable payment option with the use of virtual addresses to transfer money. It is a layer above the existing infrastructure of the banks that allows interoperability and presents an opportunity to push for a single interface for all existing retail payment systems in India.