FundsIndia.com, a premier investment platform for mutual funds and equities, has partnered with YES Bank to launch Unified Payments Interface (UPI) on their Android app for MF payments, a company press release said.
UPI offers the benefit of instant processing of payments and is currently the fastest way to complete MF transactions, compared to Net Banking, NEFT and other payment methods. As FundsIndia’s UPI integration supports 58 banks, a wider customer base can now take advantage of technology for smoother, quicker payments.
Srikanth Meenakshi, Co-Founder & COO, FundsIndia.com, said, “This launch marks a significant milestone in the MF landscape, as UPI offers customers the fastest and most convenient way to pay for their transactions.”