Yatra introduces 'Unified Payment Interface' as a payment option on its website and this will allow customers to pay directly from a bank account to online and offline merchants The BHIM application, created by National Payment Corp, was implemented with the support of the RBI and the Indian Banks Association.
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New Delhi. The Yatra online travel portal has begun accepting payments through the new BHIM payment application.
Yatra said he has introduced the Unified Payment Interface (UPI) as a payment option on his website and this addition will allow customers to pay directly from a bank account to online and offline merchants.
Users will not have to install multiple applications for different banks. UPI will deviate the IFSC code, the bank account number and the addition of a beneficiary by facilitating transactions without the need for personal data.
"BHIM is an application" developed by NPCI to facilitate payments directly through a bank and BHIM is based on UPI as a payment method. Therefore, people who have the BHIM application can also book their trip on Yatra.com as We are the only online travel agency to accept UPI as a payment method, "said Sharat Dhall, COO, Yatra.com in an email.
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What is BHIM App?
The creation of National Payment Corp. of India (NPCI) UPI was implemented with the support of the Reserve Bank of India (RBI) and the Association of Banks of India (IBA). It is expected to create a new low-cost, high-volume retail payment ecosystem.