Bank transfers & instant payments · Available
UPI
UPI is India's real-time payment system run by NPCI and the country's dominant online payment method: the payer approves the payment in any UPI app with a PIN, and the money moves instantly between bank accounts. UPI has no chargebacks, supports recurring mandates (AutoPay) and payouts.
Key facts
- Countries
- India
- Currencies
- INR
- Operations
- Pay-in · Payout · Recurring · Refund
- Settlement
- instant
- Chargebacks
- not possible
- share of e-commerce payments · India
- 60 % (NPCI monthly statistics, 2025)
How a payment goes through
- 1The checkout shows the account details, the amount and a reference
- 2The payer sends the transfer from their banking app
- 3The provider matches the incoming transfer by reference and amount
- 4Webhook to the merchant; unmatched transfers are refunded
How a payment goes through
- The checkout offers UPI: the payer’s app on mobile, a QR code on desktop.
- The payer confirms with a UPI PIN.
- The bank-to-bank transfer completes instantly; the provider confirms.
- Tranzify writes the result and calls the merchant’s webhook.
How to connect
- 1Onboard with Tranzify and get your network, keys and back office.
- 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
- 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
- 4Go live. Every payment, callback and retry is in the journal for five years.
Providers offering this method
Industries
Terms
Frequently asked questions
What is a UPI intent flow?+
On mobile the checkout opens the payer’s UPI app directly with the amount filled in; on desktop it shows a QR code to scan.
Does UPI support subscriptions?+
Yes — UPI AutoPay mandates let a merchant charge a payer periodically within an approved limit.
Who is the licensed party?+
An RBI-authorised payment aggregator from the catalogue; Tranzify, as a payment gateway in the RBI’s sense, provides the technology and never handles funds.
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