NPCI said over the last few years, UPI has become one of the most inclusive modes of payment in India with over 250 million unique users and five crore merchants on the platform.
The card, which can be used in both virtual and physical forms, is seamlessly integrated within the QubeHealth mobile app and offers a fully digital onboarding process, UPI P2M payments, and cashback rewards
BharatPe, Cashfree Payments, Google Pay, Razorpay, Paytm, PayU, and Pine Labs can now facilitate merchant transactions post the RBI's move to enable credit card-UPI linkage.
OmniCard has launched UPI services without the need to link a Bank Account for its users. OmniCard ensures highest safety features for its users by offering a bank-independent UPI facility with its own UPI handle @OMNI. Users can now pay to any UPI QR code or any UPI ID using their OmniCard wallet balance without exposing their bank accounts.
Noida (Uttar Pradesh) [India], March 16 (ANI/BusinessWire India): OmniCard has launched UPI services without the need to link a Bank Account for its users. OmniCard ensures highest safety features for its users by offering a bank-independent UPI facility with its own UPI handle @OMNI. Users can now pay to any UPI QR code or any UPI ID using their OmniCard wallet balance without exposing their bank accounts. @OMNI UPI amplifies safety by ensuring a layer that limits the risk of amount a user adds to their OmniCard wallet rather than exposing life savings stored in the bank accounts. OmniCard is an RBI-licensed PPI offering India's 1st Omnichannel spending platform with UPI services for individuals as well as businesses. This development comes after RBI approved & NPCI enabled PPIs to provide UPI services that'll make UPI more inclusive & convenient. Also, OmniCard is available as a RuPay Prepaid Card, RuPay OTG (Wearable) and is accepted across all merchants via POS offl