RBL Bank, Amazon Pay and Amazon Web Services (AWS) have announced a collaboration to offer UPI payments.

• RBL Bank’s advanced cloud-based processing will offers an agile infrastructure resulting in an improved payments experience.
• The partnership will allow the Bank to tap Amazon Pay’s growing customer base and transaction volumes. This move will expand the Bank’s presence in Unified Payments Interface (UPI) segment with its payment processing platform hosted on AWS.
• RBL Bank’s ability to process on a cloud hosted platform, will provide greater agility and scale in processing UPI which has witnessed exponential growth in last three years to become the preferred mode of payment for individuals.