Through this strategic partnership, Shiprocket will provide its merchants with a better payment experience by leveraging BillDesk's experience in processing payments across all payment methods
The app enables users, including expats and immigrants traveling to India, freelancers, tourists and small businesses, to share and spend in their respective currencies without maintaining multiple accounts, wallets or payment apps across the world
With this, PPBL has aimed to empower users with convenient payments through a greater acceptance of RuPay credit cards, strengthening the credit card ecosystem in India
As per the RBI's monthly data, Unified Payments Interface (UPI) transactions increased from Rs 9.83 lakh crore in April this year to Rs 10.73 lakh crore in August