#HDFCBank started 3 innovative digital payments products on UPI

Lucknow. #HDFCBank, India’s leading private sector bank, announced the launch of three innovative digital payments products on UPI (Unified Payments Interface). These creative arrangements are set to reclassify the manner in which clients and traders take part in consistent exchanges:

·        UPI 123Pay: Payment via IVR

·        UPI Plug-In Service for Merchant Transactions

·        AutoPay on QR

Parag Rao, Country Head of Payment Business, Consumer Finance, Technology, and Digital Banking at HDFC Bank, commented, "These innovative products represent the future of digital payments.

UPI 123Paymakes it possible for anyone in India, regardless of their phone type, to effortlessly make payments using a simple phone call, without requiring internet connectivity or a smartphone. 

UPI Module Administration intends to give a consistent and frictionless installment experience, taking out the requirement for clients to switch among shipper and installment applications while paying on UPI.

AutoPay on QR empowers consistent repeating installments through UPI QR and plans to change different use cases, including OTT stages, sound memberships, pamphlets, and other computerized membership benefits Together, they mean a groundbreaking jump in advanced installments."