According to the sources, the Bengaluru-based firm Udaan has joined the bandwagon of the UPI payments app with its QR-code based digital payments for retail outlets, restaurants, and merchants.
While, the company Udaan confirmed by saying that it has been testing digital payments for the last six months.
An Udaan spokesperson said, “As discussed, the payment methods are internal to Udaan and QR is one of the payment methods being used.”
Notably, the platform Udaan achieved its unicorn status in September 2018. So far, it has been one of the few startups to achieve a private valuation of $1 billion in the shortest possible time.
The spokesperson added by saying that Udaan is expanding its services across Delhi-NCR and other metro cities in the coming months.
With the advent of Udaan Pay, the firm is now providing a platform for B2B e-commerce from products to payments to delivery.