Airtel Payments Bank activates UPI
Airtel Payments Bank became the first payments bank to integrate the Unified Payments Interface (UPI) on its digital platform. The bank said this will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money transfers to any bank account in India. Shashi Arora, MD and CEO of the bank, said this would allow all the 20 million bank customers of the bank to create their personalized UPI handles on the Airtel app, and enable them to make digital payments in both the offline and the online space. They would also be able to link their bank accounts on BHIM app and make UPI payments. Customers can also use MyAirtel app to scan any UPI QR code for making merchant payments. Online and offline merchants can leverage Airtel Payments Bank as a payment mode to accept payments seamlessly from their customers.