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Neonkart UPI revolutionizes how you make payments, making them fast, secure, and convenient. Our user-friendly platform allows you to seamlessly embed payment details in your invoices, bills, or communication channels.
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UPI, developed by NPCI, enables instant transfer of funds and has become the most popular method of payment in India. Customers can pay from any UPI app on their phone – GPay, PhonePe, PayTM and more. These links let you add details like bill amount or receiver account, and collect payments using NPCI guidelines.
A merchant is an entity that generates bills for goods / services and wants to collect payments via the UPI gateway; this entity is called a merchant by the National Payments Corporation of India.
The National Payments Corporation of India, or NPCI, developed the UPI gateway and provides settlement services to banks (for transactions made through the UPI gateway). Payments to merchant accounts can then be settled by banks.
The RBI authorized banks to onboard new merchants on UPI gateways. (Website name) is a platform that bridges the gap between banks and merchants, offering simplified integration and compliance, as well as reporting, notifications, and settlement options.
KYC