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ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
PhonePe is an Indian digital payments and financial services company [ 5 ] headquartered in Bengaluru, Karnataka, India. [ 6 ][ 7 ] PhonePe was founded in December 2015, [ 2 ] by Sameer Nigam, Rahul Chari and Burzin Engineer. [ 8 ] The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.
Open Network for Digital Commerce. Open Network for Digital Commerce (ONDC), is a public-goverment owned non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce.
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Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [ 1 ][ 2 ] It is used on mobile devices to instantly transfer ...
3i Infotech Ltd (established as ICICI Infotech Ltd) is a global information technology company headquartered in Navi Mumbai, India. Founded in 1993, it provides a comprehensive range of IT services, including digital transformation, cloud services, cybersecurity, and application development, across various industries such as BFSI (Banking ...
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
Backed by features like ease of use, secured transactions, and others, users' inclination towards this method is also rising. The best part is you can link your best RuPay credit card to the UPI application and make payments without repeatedly entering the card number, CVV, and other details. [110] PayPal supports the RuPay card system. [111]