In August, the number of banks live with UPI grew to 249 from 235 in July, while the 3.55 billion transactions valued at Rs 6,39,116 crore was recorded. In the last one year – i.e.
Anil Pinapala, Founder and CEO of Vivifi, said Flexpay will allow customers purchase offline by scanning any UPI QR code or a UPI ID. It will facilitate credit to all salaried and self-employed so that they can purchase the products or services even when they are out of money.