Providing cross-border payment solutions in India
Adopt intelligent routing algorithm to dynamically match the optimal payment channel, reducing the average transaction time to 2.8 seconds 6
Achieve 0.012% abnormal transaction recognition rate through AI anti-fraud engine, which is lower than the industry average of 42% 36
Build a multi-currency settlement system, supporting automatic exchange of 9 currencies including INR/USD/EUR
Indian payment
As India’s leading fintech platform, Paytm has accumulated more than 130 million registered users with its ecosystem covering digital payments, business services and innovative banking solutions. The platform is committed to promoting financial inclusion for 500 million Indians through strategic deployment of mobile payment infrastructure upgrades and digital banking services, specifically:
(1) building a decentralized payment network to reduce transaction friction;
(2) using intelligent routing technology to achieve a 98.5% real-time transaction success rate;
(3) using an AI risk control engine to control the fraudulent transaction rate to an industry low of 0.008%.
As a real-time clearing infrastructure developed by the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) achieves intelligent aggregation across bank accounts through an open API architecture 26. Its core technological innovations are:
(1) integrating the account systems of 207 banks into a single mobile portal 8;
(2) supporting real-time fund transfer and bill splitting functions 7;
(3) a peak capacity of processing 767 million transactions per day (2024 data) 6. The system achieves end-to-end encrypted settlement through virtual payment address (VPA) technology, which reduces the average payment time to 2.3 seconds while ensuring transaction security
The Unified Payments Interface (UPI) of India is a real-time interbank settlement infrastructure built by the National Payments Corporation of India (NPCI)17. Its innovative architecture includes the following core elements:
Multi-bank account integration: Integrate 207 bank account systems into a single mobile terminal through open API28
All-weather transaction capabilities: Support 24×7 real-time fund transfers, with a daily average peak of 767 million transactions (2024 data)67
Full-function payment ecosystem: Implement virtual payment address (VPA) encrypted transfers3, bill splitting7, merchant acquisition2 and other complex financial functions on the mobile terminal
Gaming Payments