Overview
As high-transaction institutions, banks now face the challenge of integrating multiple digital payment channels like UPI, BBPS, AEPS and IMPS. TransXT played a key role in ensuring seamless integration with solutions at every transaction stage.
Solution
With its deep knowledge of NPCI systems and with a stable version of UPI already developed, Mobileware implemented UPI at the SFB in a short period. The SFB went live with UPI. Customer transactions are currently growing at 20% MoM.
TransXT solution:
As the core operation, TransXT performed:
With the stakeholders, TransXT responsibilities included communication with NPCI and CBS vendors.