RING, a digital credit platform in India, is collaborating with the National Payments Corporation of India (NPCI) to implement its UPI Plug-in feature into its existing digital services. This agreement will allow RING to provide its customers with a ‘Scan & Pay’ option, as well as attracting new customers who prefer to use UPI for payments.
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RING plans to use this partnership to improve its offerings and customer value proposition. Since launching in June 2019, RING has gained over four million transacting customers and has partnered with over 10 Lakh merchants. With this new enhancement, RING hopes to expand its range of useful digital financial tools and consolidate its position in the market.
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