UK-based fintech unicorn Rapyd enters India with flexible payment solution

Partners with several key players in India's payments ecosystem such as Paytm Payments Bank, PhonePe, PayU and HDFC Bank to roll out the solution

Fintech-as-a-service (FaaS) company Rapyd has made an entry into the Indian market with a payment solution that spans credit and debit cards, UPI and cash. The UK-based firm has partnered with several key players in India’s payments ecosystem such as Paytm Payments Bank, PhonePe, PayU and HDFC Bank to roll out a comprehensive payment service where a merchant can integrate local fintech and payment capabilities into any application.

Through the platform, international merchants can now access India’s preferred payment methods through a single technology stack, enabling them to go “local” for the audience, both collecting from buyers and making payments to