Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Mswipe, PayU joins hands for digital payments in India

In a bid to promote the usage of digital payments, Mswipe has joined hands with India’s leading internet payment service provider PayU.

This initiative would also assist in the expansion of workforce and network across 550 plus cities, reported the Business Standard.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

The bilateral venture between the companies will also allow the merchant base of Mswipe to get benefits from the various internet payment services offered by PayU India.

AdvertisementSAAS

In addition to this, PayU’s wide range of merchants across sectors will have an access to Mswipe for their entire POS services related requirement.

“POS terminals are the preferred medium of payments by customers to transact digitally at merchant locations. The partnership with PayU is mutually beneficial to both companies as it helps each consolidate its leadership positions in their areas of focus,” said Manish Patel, founder and chief executive officer of Mswipe.

AdvertisementInfoComm India 2026

“The merchant network and the expanded footprint across small and mid-sized merchants will further help us bring them into the digital fold by offering affordable and convenient POS services,” he added.

“This partnership allows us to focus on our core of enabling digital payments across more brands and merchants across the country. As the leader in internet payment services, we remain committed to realising the Government’s Digital India vision by bringing access to digital payments to all,” said B. Amrish Rau, chief executive officer, PayU India.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Digital Payments

PhonePe Launches Tatkal NPS: Open a Pension Account with ₹250 via UPI Using Existing Bank KYC

PhonePe has brought the Pension Fund Regulatory and Development Authority's (PFRDA) Tatkal NPS framework to its app, allowing… Read more →

Spice Money Gets RBI In-Principle Nod as Physical Payment Aggregator to Bring Aadhaar Pay, QR Acceptance to Rural Merchants

Spice Money Limited, the rural fintech subsidiary of DiGiSPICE Technologies, has received in-principle authorisation from the Reserve Bank… Read more →

UPI Is Now the World's Largest Real-Time Payment System, Says FM Sitharaman as RBI Opens Odisha Data Centre

India's Unified Payments Interface (UPI) is now the largest real-time payment system in the world, Union Finance Minister… Read more →

RBI Enhances UPI Lite Limits to Boost Offline Digital Payments

The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit to ₹5,000 and the per-transaction… Read more →

PhonePe partners with LankaPay to enable UPI transactions in Sri Lanka

In a significant move to enhance cross-border payments, fintech major PhonePe has collaborated with Sri Lanka-based LankaPay to… Read more →

Axis Bank launches ‘MicroPay’ based on 'Pin on Mobile' technology for digital payments

The first pocket-sized swipe reader in India based on "Pin on Mobile" technology was introduced by private sector… Read more →

whatsapp--v1