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Private sector lender RBL Bank has tied up with Amazon Web Services (AWS)to offer UPI payments.
“The bank has partnered with Amazon Pay to offer peer-to-peer and peer-to-merchant transactions,” it said in a statement on Friday. With this integration, Amazon Pay will issue NPCI’s allocated UPI ID with the handle @rapl to RBL Bank, it further said.
“The partnership will allow the bank to tap Amazon Pay’s growing customer base and transaction volumes,” it said, adding that it move will expand the bank’s presence in the UPI segment with its payment processing platform hosted on AWS.
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