🐘India🇮🇳: British Payment Gateway STICPAY🇬🇧 Integrates UPI for Secure Money Transfers

🐘India🇮🇳: British Payment Gateway STICPAY🇬🇧 Integrates UPI for Secure Money Transfers

Thanks to this integration, approximately 300 million UPI users in India can now manage their payments using the STICPAY e-wallet, bypassing traditional banking infrastructure.

➡️ The solution will cater to both domestic and international transfers. According to Worldpay (and others), India is a promising emerging market, so the British have arrived at just the right time.

➡️ For those who don't know, STICPAY is a relatively young company, established in 2018, but it already serves over one million users and 5000 corporate clients in more than 200 countries. Its functionality allows users to transfer various fiat currencies and cryptocurrencies through bank transfers, credit cards, as well as local payment methods and encryption.

➡️ Context: Digital payments in India account for more than 40% of total money flow (in 2023 there were 114 billion transactions). With a population of nearly one and a half billion people, around 130 million Indians do not have access to official banking services.

#news #India