XPay.Life launches India's first blockchain-enabled UPI services

XPay.Life launches India's first blockchain-enabled UPI services

Daily Current Affairs   /   XPay.Life launches India's first blockchain-enabled UPI services

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Category : Business and economics Published on: June 15 2022

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  • Fintech startup XPay.Life, which claims to be India’s first blockchain-enabled transaction framework, launched its UPI services targeted at rural India, as it completes three years of operations.
  • XPay.Life aims to make financial facilities accessible for people in rural areas who need financial support the most. 
  • The launch of its UPI services is expected to benefit XPay.Life’s 4 million consumers across more than 15 states and 1 lakh villages.
  • XPay.Life’s major focus has been to reach out to unbanked and financially excluded customers of India; especially those in rural India.
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