Indian fintech firm CARD91 has introduced its full-stack UPI acquiring solution to enhance payment collection processes for merchants and corporate entities.
This solution is part of CARD91’s Blitz platform and is designed to provide a “regulatory-compliant” infrastructure for issuers and other participants in the payment ecosystem.
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The new offering features a do-it-yourself merchant onboarding process, which includes AI-powered checks to mitigate fraud risks and streamline onboarding.
It also facilitates instant virtual payment address (VPA) creation and the generation of QR codes, both static and dynamic, to accommodate various transaction scenarios.
CARD91 CEO Ajay Pandey said: “This launch represents a pivotal step in our mission to transform UPI acquiring infrastructure in India. From empowering micro-merchants to supporting corporate acquiring, our platform is built for scale, resilience, and adaptability. We are committed to enabling our partners to grow confidently in an increasingly dynamic digital payments landscape.”
Transaction lifecycle management is a core component of the solution, encompassing the stages of reconciliation & settlements and portals for banks and merchants.
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By GlobalDataFor corporate clients, the platform offers bulk disbursal and collection capabilities through Netbanking and it is an
API-first architecture solution, integrating with documented endpoints and response codes.
Additionally, the platform includes a feature for UPI initial public offering (IPO) management, allowing for IPO applications via applications supported by blocked amount (ASBA) through UPI.
CARD91’s solution is certified for UPI 2.0 acquiring and is designed to support high transaction volumes, with capabilities exceeding 2000 transactions per second, maintaining near-zero technical declines, and achieving 99.99% uptime.
The solution includes mobile applications and web portals for merchants, as well as centralised UPI control centres for banks, and is deployable on cloud infrastructure.
CARD91 is a Platform-as-a-Service company that provides technological infrastructure to banks, prepaid licence holders, and authorised dealers, facilitating the issuance of various payment instruments including prepaid payment instruments (PPI), credit cards, multi-currency cards, UPI, and credit lines on UPI.
