One97 Communications Limited, owner of advance payments and financial services company Paytm, on Thursday launched Paytm UPI Software Development Kit for its merchants. A game-changing product that enables faster Enables UPI payments that never fail. With UPI Lite and now Paytm UPI SDK, the company is now offering its two-way ecosystem of fail-proof UPI payments to consumers and merchants.
Don’t have to worry about payments failing
According to the news, an industry solution designed for apps, Paytm UPI SDK ensures fail-proof, superfast UPI payments directly from the merchant’s app. A Paytm Payments Services spokesperson said that as a full-stack payment solutions provider, Paytm has been at the forefront of driving innovation in mobile payments. With the Paytm UPI SDK, we have enabled fail-proof, superfast payments that ensure merchants don’t have to worry about payments failure.
Company making merchant’s app lighter
Being the lightest SDK in the market, it ensures that the merchant’s app size remains small for a better experience. The spokesperson said that through our innovative payment solutions, we are empowering our existing merchant partners to grow their business. Being almost half the size of its competitors, the Paytm UPI SDK is the smallest in the industry, ensuring that the merchant app remains lightweight yet packed with all the powerful features of UPI.
Payments are faster with Paytm UPI SDK
With Paytm UPI SDK, payments are faster than ever without any external redirection, as users do not need to switch between merchant and payment apps to complete a transaction. According to the company (Paytm), for merchants, this is an advantage, as fewer steps to complete UPI payments result in shorter transaction times and fewer or no payment failures. The company said it will soon support payments with UPI Lite to completely eliminate transaction failures for small value payments.
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