In a bid to capture Indian digital payments market and combat homegrown rival Ola, Uber announced Unified Payments Interface (UPI) integration to unlock the potential of fintech innovations.
Uber has partnered with National Payments Corporation of India (NPCI) , Axis Bank and HDFC Bank.
Digital Payments, AI and VR are to power the Indian economy in future and this is a strategic move by Uber to benefit by pushing government’s Digital India initiative. It is also tied to its own initiative UberSHAAN – an effort is to rapidly scale India’s entrepreneurial base and generate 1 Read full story ›
Source: The Drum
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