The Client

A Small Finance Bank (SFB)


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.

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:

  • PSP Mobile App
  • UPI Switch
  • Admin Portal

As the core operation, TransXT performed:

  • Pay request (on us/off us)
  • Collect request
  • Scan and pay
  • VPA management
  • Non-financial transactions
  • Reports

With the stakeholders, TransXT responsibilities included communication with NPCI and CBS vendors.

Values Delivered

  • Reduced time & cost for UPI switch implementation
  • 24 x 7 x 365 real-time payment option for customers
  • Interchange earnings
  • Merchant payment enablement (acquisition earnings)
  • MIS-based decision-making