This milestone allows Viyona to supply Unified Payments Interface (UPI) companies in collaboration with companion banks, additional strengthening India’s increasing digital funds ecosystem, Viyona Fintech mentioned in a press release.
With this approval, Viyona is about to ship safe, scalable UPI options that speed up financial inclusion throughout rural and concrete markets, it added.
Its flagship product, GraamPay, empowers farmers, small retailers, and native communities with seamless digital collections, payouts, and frictionless UPI transactions, it mentioned.
As a part of its imaginative and prescient, Viyona can also be launching a farmers’ market inside GraamPay, connecting farmers straight with patrons to make sure truthful pricing, quicker settlements, and higher entry to the UPI ecosystem, it added.
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