Revolutionizing India's Digital Landscape, Fueling Financial Inclusion

India’s digital payments revolution has been a resounding success!

Unified Payments Interface (UPI) – India’s homegrown instant payments system – clocked massive 9.3 billion transactions in June, 2023¹
40% of all payments in India are digital²

The Digital revolution in India has been gaining thrust and Hitachi through Hitachi Payment Services (Hitachi Payments) is leading the transformation through its end-to-end payment solutions, strengthening digital payments infrastructure with an array of solutions including holistic mobile based Merchant Platform and UPI Stack encompassing UPI Processing, UPI Platform, and Soundbox for QR-related UPI payments.

Hitachi Payments is empowering merchants to participate in India’s accelerated digital economy through digital innovations such as customized Soundbox solution and a next-gen merchant mobile app enabling more merchants to grow their business and contributing towards financial inclusion. Experience the payments revolution that is driving India’s inclusive growth.

Redefining Digital Payments for Tomorrow

Hitachi’s Comprehensive Real-Time Payment Solutions Stack

With a comprehensive real-time payment infrastructure which improves the merchant's payment journey at every stage, Hitachi Payments is revolutionizing digital transactions.

Instant Merchant Digital On-Boarding

Simplified self-onboarding with an option for assisted onboarding
Seamless data capture and limited manual entry
Local KYC integration with live image and video consent capture

Merchant Engagement Services Plus Transaction Mobile App

Real-time business dashboard with merchant-friendly analytics
Customizable reports ensuring information is at merchant’s fingertips
Marketing campaigns to boost merchant’s sales with badges/cashback for loyalty

State-of-the-Art Processing Platform

Enables banks/merchant aggregators to seamlessly integrate with the Central Platform
Offers strategic plug-ins and APIs, that enable easy integration via value-added services
Processes high volumes that ensure industry-best success rates and uptimes with higher availability, reliability and security

Single Unified Monetization Platform

Value-added services to drive revenue while simplifying business for merchants
A soundbox for instant voice updates of transactions to notify merchants
ONDC Connect to help merchants grow their business online

Along with digital solutions, Hitachi Payments also offers secure and trusted cash-based solutions such as ATM Services, Cash Recycling Machines, ATM Software Platforms, E-Surveillance Solutions, White Label ATM, and Digital Banking Unit Solutions, with a mission to drive financial inclusion at the grassroots for an empowered India.

Sources:

https://www.financialexpress.com/industry/banking-finance/upi-transactions-fall-slightly-in-june-remain-above-9-billion-mark/3151364/
https://pib.gov.in/FeaturesDeatils.aspx?NoteId=151350&ModuleId%20=%202