916 SRPK Updates
SRPK now announces the new UPI Intent flow for payments on native mobile applications using existing UPI supported apps installed on their phones like Google Pay, Phonepe, Whatsapp, BHIM, Tez etc., thereby avoiding the need to use multiple apps (merchant, SMS, UPI app) for payments.
UPI has been a game changer for the Indian payment ecosystem and we strongly believe that UPI is the future of payments in India. We had launched UPI acceptance for businesses and have been offering P2M payments (customer to merchant) on UPI since 2016. The conventional UPI collect flow, allows bank account holders to transact using a Virtual Payment Address (VPA), without entering additional bank information.