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PayU launches UPI NXT Stack in India, enhancing real-time payments with faster transactions, instant refunds, and interoperable autopay.
PayU has launched the UPI NXT Stack, a new real-time payment platform in India, leveraging NPCI’s UPI infrastructure to improve transaction speed and reliability.
The suite includes UPI NXT for faster payments and instant refunds, and TPAP NXT with customizable APIs and support for features like Autopay and virtual payment addresses.
It also introduces UPI Reserve Pay for multi-debit services and UPI Autopay Interoperability, allowing users to manage recurring payments across apps.
The launch follows PayU’s acquisition of Mindgate Solutions and aims to boost India’s digital commerce ecosystem.
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PayU lanza UPI NXT Stack en la India, mejorando los pagos en tiempo real con transacciones más rápidas, reembolsos instantáneos y autopay interoperable.