Economic times UPI payments now live on ETMONEY app
CONTEXT:
- ETMONEY has integrated Unified Payments Interface (UPI) as a payment option on the application.
- The company hopes to simplify the user journey through the app, especially for making payments for mutual funds.
- It has set a target to grow to Rs 5,000 crore in mutual fund transactions in the next 12-18 months and is targeting 10 million users by the end of the current year.