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What is Unified Payments Interface (UPI)?

The Unified Payments Interface (UPI) is an innovative real-time payment system developed by the National Payments Corporation of India (NPCI) that facilitates instant and seamless fund transfers between bank accounts via mobile devices. Launched in 2016, UPI has significantly reshaped the digital payments environment in India, enabling users to easily send and receive money, pay bills, and make purchases directly from their smartphones without the need for traditional banking methods or credit card details. Utilizing a Virtual Payment Address (VPA), UPI simplifies transactions and eliminates the requirement to share sensitive banking data. Its strong security framework, along with the ability to link multiple banks through a unified platform, allows for features such as QR code payments, scheduled transactions, and peer-to-peer money transfer requests. The widespread adoption of UPI has been instrumental in propelling India towards a more cashless economy, providing enhanced convenience and accessibility for millions of users nationwide. Moreover, UPI not only streamlines financial interactions but also fosters greater financial inclusion and stimulates innovation within the realm of digital payments, ultimately contributing to a more advanced economic landscape.

What is Swiff?

SwiffPay is distinguished as the first-ever white-label mobile payment platform, featuring patented security measures that comply with rigorous banking standards. This innovative technology is an integral part of Swiff's extensive suite of ecommerce offerings, enabling acquiring banks to adopt mobile strategies that support secure and verified transactions similar to those found in traditional banking environments. In addition to offering standard payment options, SwiffPay looks towards the future by supporting cryptocurrency transactions, allowing users to easily interact with digital currencies. Utilizing SwiffPay grants users the advantages of both convenience and strong security in mobile payments, and it also provides the option to conduct transactions using cryptocurrencies. Specifically designed for merchants, Swiff streamlines the acceptance of credit card payments through mobile devices, enhancing operational efficiency. With its sophisticated authentication and identification capabilities, Swiff ensures an unmatched level of security in the mobile payment arena, making it an exceptional choice for businesses. As the landscape of digital payment methods continues to progress, SwiffPay is well-positioned to lead the way, adapting to the evolving requirements of both merchants and consumers. The platform not only meets current market demands but also anticipates future trends, ensuring its relevance and effectiveness in an ever-changing financial ecosystem.

Media

Media

Integrations Supported

BHIM
BharatPe
BuyUcoin
Cardinal
Cashfree Payments
Digital Showroom
Kodo
NeoFlo
Nimbbl
PhonePe
Seair Exim Solutions
Society Notebook
Swipe
Thrive
Transact Bridge
VasoolBook
Vyapar
Zapit
myBillBook

Integrations Supported

BHIM
BharatPe
BuyUcoin
Cardinal
Cashfree Payments
Digital Showroom
Kodo
NeoFlo
Nimbbl
PhonePe
Seair Exim Solutions
Society Notebook
Swipe
Thrive
Transact Bridge
VasoolBook
Vyapar
Zapit
myBillBook

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

National Payments Corporation of India (NPCI)

Date Founded

2016

Company Location

India

Company Website

www.npci.org.in/what-we-do/upi/product-overview

Company Facts

Organization Name

Swiff

Company Location

South Korea

Company Website

www.swiffpay.com

Categories and Features

Mobile Payment

ACH Support
Contactless / NFC
Credit Card Support
Cryptocurrency Support
Debit Card Support
In-App Payments
In-Store Payments
Micropayments
P2P Payments
eCommerce Payments

Categories and Features

Mobile Payment

ACH Support
Contactless / NFC
Credit Card Support
Cryptocurrency Support
Debit Card Support
In-App Payments
In-Store Payments
Micropayments
P2P Payments
eCommerce Payments

Popular Alternatives

Popular Alternatives

Unified Payments Interface (UPI) Reviews & Ratings

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National Payments Corporation of India (NPCI)
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