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India has witnessed remarkable growth in the retail payments landscape over the past few years, with various digital payment solutions gaining widespread acceptance among consumers and businesses alike. To further transform India’s retail payments ecosystem, leading fintech company RAZORPAY recently launched the country’s first UPI-led QR stack for enterprises at FTX’24.

The Future Tipping Point Exchange (FTX) is an annual event organized by RAZORPAY that brings together industry experts, thought leaders and technology enthusiasts to discuss the latest trends and innovations in the fintech space. At this year’s event, RAZORPAY unveiled its new UPI-led QR stack, which is designed to provide businesses with a seamless and secure way to accept digital payments from their customers.

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The Unified Payments Interface (UPI) has emerged as one of the most popular payment methods in India, allowing users to make instant, hassle-free transactions directly from their bank accounts. By integrating UPI into their QR stack, RAZORPAY aims to simplify the payment process for both businesses and consumers, while also ensuring enhanced security and convenience.

With the new UPI-led QR stack, enterprises will be able to generate dynamic QR codes that can be scanned by customers to initiate payments using their UPI-enabled mobile apps. This eliminates the need for businesses to invest in expensive POS terminals or other hardware, making it an affordable and accessible payment solution for businesses of all sizes.

In addition to accepting UPI payments, the QR stack also supports other popular digital payment methods such as wallets, credit/debit cards, and net banking. This versatility allows businesses to cater to a wider range of customers and offers them the flexibility to choose the payment method that best suits their needs.

RAZORPAY’s UPI-led QR stack is not only user-friendly but also highly secure, with advanced encryption and authentication protocols to safeguard sensitive transaction data. This ensures peace of mind for both businesses and customers, knowing that their financial information is protected from potential threats.

Overall, the launch of the country’s first UPI-led QR stack for enterprises marks a significant milestone in the evolution of India’s retail payments landscape. By leveraging the power of UPI and other digital payment

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