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