Rediff.com India set to launch India's first purely Indian-owned UPI payment app
India, Dec. 29 -- Rediff.com India announced that it has received final approval from the National Payments Corporation of India (NPCI) for its Third-Party Application Provider (TPAP) license, paving the way for the rollout of its digital payments platform, RediffPay. With this approval, the company has commenced Closed User Group (CUG) testing'an essential step before entering the Unified Payments Interface (UPI) ecosystem'and is preparing to launch India's first UPI app built around financial-wellness-customer-centric UPI payment app designed to encourage saving, investing and responsible access to credit.On Monday, the company commenced Closed User Group (CUG) testing as it prepares to enter the Unified Payments Interface (UPI) ecosystem...
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