FinTech lenders prefer UPI over other modes of loan payment

FinTech lenders prefer UPI over other modes of loan payment

  • While it still faces version upgrade challenges, the latest version of Unified Payments Interface (UPI) has emerged as the most preferred option for loan repayment processes.
  • They are also of the opinion that having a simplified and user-friendly UPI could make the application popular enough and improve the repayment trend.


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