UPI

Overview

Payment group: Real-time banking
Payment product ID: 4101

The Unified Payment Interface (UPI), Developed by National Payment Corporation of India (NPCI), is a real-time payment system for consumers in India.

It is designed to enable peer-to-peer inter-bank transfers and payments to Merchants through a single two-click factor authentication process through the Mobile apps of the PSP providers.

The main instruments here are

VPA (Virtual Payment Address),
Account number & IFSC,
Mobile number,
QR Code,
Aadhaar (12 digit individual identification number in India)

which all are connected to the bank account.

Our solution supports payment with a redirect to the UPI app or by entering the VPA of the consumer.

Key Features:

Auth currencies: INR
No chargebacks and reversals
Refunds supported

Features

Allows iframe
Cancel refund
Partial refunds
Redirect
Recurring
Refunds
Tokenization

Key benefits

No need to remember the Account Number or Card Number.
Instant transfer facility to merchant account.
Multiple apps to make payment using bank account.
QR code: Send money by QR code, which has enclosed VPA, Account number and IFSC or Mobile number.

Boarding

Paysafecard has a simplified boarding process:

Our merchant onboarding team completes the boarding form & submits it to Paysafe.
Paysafe completes the registration process.
Worldline configures pre-production and production credentials for you.
You run the end-to-end testing with the support of our merchant implementation team.
Go live.

For other questions, you can always contact the boarding team to help you out.