ftcash partners with ICICI Bank to launch UPI at more than 5,000 merchant locations
ftcash is a virtual POS for micro-merchants to accept payments through credit cards, debit cards, wallets such as Freecharge, Mobikwik, PayPal etc.
UPI is the latest addition to this open architecture platform.
Sanjeev Chandak, CEO, ftcash said “Open architecture allows us to provide multiple payment option to the customers. With UPI integrated in association with ICICI, we are able to provide flexibility to our 5,000+ merchants to accept electronic payments at a lower cost and better convenience. ftcash aims to empower 60+ million micro-merchants such as milk vendors, newspaper agents, kirana stores, etc. with the power of digital payments and loans. With the potential ease of use provided by the UPI platform, digital payments may finally be adopted in a big way in India”.
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