Paytm launches UPI SDK: How this new tech will help users
Paytm is one of the major payment and financial services companies in India. The company also claims to have popularised QR and mobile payments in the country. This financial platform which is owned by One97 Communications Limited (OCL) has launched the new Paytm UPI SDK. Paytm’s UPI SDK is powered by the technology that is used by the company’s Payments Bank. The company is also distributing the new tech to its existing online merchants by Paytm Payments Services Ltd.
Paytm UPI SDK: Importance
The company claims that this next-gen feature will allows customers of online merchants to make UPI payments directly and in line from the merchant’s mobile app without getting redirected during checkout. With this, customers will be able to pay directly from their bank accounts by entering their UPI PIN without leaving the merchant app.