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Non-public sector lender RBL Financial institution has tied up with Amazon Net Providers (AWS)to supply UPI funds.
“The financial institution has partnered with Amazon Pay to supply peer-to-peer and peer-to-merchant transactions,” it mentioned in an announcement on Friday. With this integration, Amazon Pay will problem NPCI’s allotted UPI ID with the deal with @rapl to RBL Financial institution, it additional mentioned.
“The partnership will enable the financial institution to faucet Amazon Pay’s rising buyer base and transaction volumes,” it mentioned, including that it transfer will develop the financial institution’s presence within the UPI section with its fee processing platform hosted on AWS.
Revealed on
Could 20, 2022
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