New Delhi, Dec 16: FundsIndia, India’s premier investment platform for mutual funds and equities, has partnered with YES Bank to launch Unified Payments Interface (UPI) on their Android app for mutual fund payments.
Powered by YES Bank, FundsIndia becomes the first online mutual fund distributor to support UPI for client payments.
According to a company’s statement, UPI offers the benefit of instant processing of payments and is currently the fastest way to complete mutual fund transactions, compared to Net Banking, NEFT and other payment methods.
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