We expect Payment Infrastructure Fund to bring down costs, and the increasing volume of transactions can further help bring down margin: RBI's P Vasudevan #GlobalFintechFest
The concerns of the industry on MDR are genuine. The payments industry is aligned in the view that there should not be zero MDR: RBI's P Vasudevan #GlobalFintechFest
Mandates on UPI Auto Pay can be set up on a daily, weekly, monthly or yearly basis #GlobalFintechFest
The Autopay feature is expected to be a game changer for small businesses collecting monthly fees, as it allows them to get in a customisable debit agreement with their customers through a one-time consent https://tech.economictimes.indiatimes.com/news/internet/npci-rolls-out-autopay-feature-on-upi-platform/77106202 …
iSpirt (@Product_Nation) is also in talks with top Indian lenders to create a channel for simplifying digital loans to small businesses much like what UPI did for small-ticket payments https://tech.economictimes.indiatimes.com/news/internet/npci-rolls-out-autopay-feature-on-upi-platform/77106202 …
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