Airtel Payments Bank announced on Tuesday that it has partnered with NPCI to enable UPI (Unified Payment Interface) payments at more than 500,000 merchants across India, thus allowing consumers to pay digitally for goods and services using any UPI-enabled bank or payments app on their mobile phones. UPI is a mobile payment mode that enables users to make instant money transfers directly between two bank accounts. Additionally, users can also make payments to merchants who accept UPI as a payment mode. The new feature will allow consumers to make instant cashless payments directly from their savings bank accounts by scanning a merchant QR code through their preferred UPI enabled app. Airtel Payments Bank users can also use this QR code to pay directly through their savings bank account or wallets using the Airtel Thanks app. The company said the new…
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