CARD91 Launches Full-Stack UPI Acquiring Switch to Power Merchant Payments at Scale
BENGALURU, India, May 26, 2025 /PRNewswire/ -- CARD91 is proud to announce the launch of its Full-Stack UPI Acquiring Solution to power merchant and corporate payment collections. With UPI surpassing 18 billion monthly transactions—and over 60% attributed to Person-to-Merchant (P2M) payments—acquiring has emerged as a critical driver of growth. Yet, significant gaps remain in the current ecosystem. CARD91's acquiring module within Blitz addresses these challenges head-on—offering a scalable, regulatory-compliant, and future-ready infrastructure tailored to the evolving needs of issuers and ecosystem players.
Key Features of CARD91's UPI Acquiring Solution:
Seamless DIY merchant onboarding with AI-powered checks to reduce fraud and streamline the process.
Instant VPA creation and QR code generation (both static and dynamic).
Full transaction lifecycle management, including reconciliation and settlements.
Comprehensive bank and merchant portals for operational control and advanced reporting.
Bulk disbursals and collections for corporates through Netbanking.
API-first architecture, with well-documented endpoints and response codes for smooth integrations.
UPI IPO Management, enabling IPO applications via ASBA through UPI.
Ajay Pandey, CEO of CARD91, remarked:
"This launch represents a pivotal step in our mission to transform UPI acquiring infrastructure in India. From empowering micro-merchants to supporting corporate acquiring, our platform is built for scale, resilience, and adaptability. We are committed to enabling our partners to grow confidently in an increasingly dynamic digital payments landscape."
CARD91 is certified for UPI 2.0 acquiring, supports 2000+ transactions per second, maintains ~0% technical declines, and ensures 99.99% uptime. With integrated mobile apps and web portals for merchants, and centralized UPI control centers for banks, the solution is robust, intuitive, and cloud-deployable.
Whether enabling micro-merchant collections, expanding QR coverage, or launching a white-labeled merchant app, CARD91's acquiring stack is fraud-checked, compliance-ready, and built for scale.
This launch further reaffirms CARD91's commitment to strengthening India's digital payments infrastructure—delivering speed, simplicity, and scale to ecosystem players committed to responsible digitization.
About CARD91
CARD91 is an Issuance Platform-as-a-Service company providing unparalleled technology infrastructure to banks, prepaid license holders, and authorized dealers. The company enables them to issue various payment instruments (PPI, Credit Cards, Multi-currency Cards, UPI, and now, Credit Line on UPI) to their customers—ensuring seamless issuance and enhanced control. CARD91's support for multiple use cases aligns with its vision of making issuance seamless and swift for Issuers. With a team of 100+ professionals, CARD91 operates across key financial hubs, including Mumbai, Bangalore, Delhi, and Chennai.
For more information, visit https://card91.io/ or contact sales@card91.io.
Logo: https://mma.prnewswire.com/media/2446086/Card91_Logo.jpg
View original content:https://www.prnewswire.com/in/news-releases/card91-launches-full-stack-upi-acquiring-switch-to-power-merchant-payments-at-scale-302464243.html

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
Federal judge blocks Florida's social media ban for children
June 3 (UPI) -- A federal judge in Florida on Tuesday temporarily blocked a state ban on social media for children, calling it "likely unconstitutional." Chief U.S. District Judge Mark Walker issued a 58-page order, reversing part of the 2024 state law, which prohibits anyone under the age of 16 from using certain social media platforms, with the exception of 14- and 15-year-olds who have parental permission. "Although this court today finds that Florida's challenged law is likely unconstitutional, it does not doubt that parents and legislators in the state have sincere concerns about the effects that social media use may have on youth, nor does it render parents or the state powerless to address those concerns," Walker wrote. House Bill 3, also called "Online Protections for Minors," received bipartisan support when it passed last year. The bill, which was signed into law by Gov. Ron DeSantis, requires social media sites to delete accounts for anyone under the age of 14 or face hefty fines. The law was scheduled to go into effect on Jan. 1, but the state attorney general's office agreed not to enforce it until the judge could rule on the request for a preliminary injunction. NetChoice and the Computer & Communications Industry Association, which represents social media platforms including Meta, Google and Snapchat, filed their lawsuit in October. "This ruling vindicates our argument that Florida's statute violates the First Amendment by blocking and restricting minors -- and likely adults as well -- from using certain social media websites to view lawful content," Matt Schruers, president of Computer & Communications Industry Association, said Tuesday in a statement. While the judge focused on the social media provisions of the law, he left intact the age verification requirement to access pornographic websites. "An established principle of the First Amendment context is that enabling individuals to voluntarily restrict problematic content at the receiving end is preferred over restricting speech at the source," Walker wrote. "In this context, that means that parents are best positioned to make the appropriately individualized determinations about whether or when their children should use social media platforms," the judge added. Attorney General James Uthmeier, who was named as a defendant in the case, disagreed with Tuesday's ruling. His office said it plans to appeal. "Florida parents voted through their elected representatives for a law protecting kids from the harmful and sometimes lifelong tragic impacts of social media," said spokesperson Jeremy Redfern. "These platforms do not have a constitutional right to addict kids to their products."


UPI
an hour ago
- UPI
Federal judge blocks Florida's social media ban for children
June 3 (UPI) -- A federal judge in Florida on Tuesday temporarily blocked a state ban on social media for children, calling it "likely unconstitutional." Chief U.S. District Judge Mark Walker issued a 58-page order, reversing part of the 2024 state law, which prohibits anyone under the age of 16 from using certain social media platforms, with the exception of 14- and 15-year-olds who have parental permission. "Although this court today finds that Florida's challenged law is likely unconstitutional, it does not doubt that parents and legislators in the state have sincere concerns about the effects that social media use may have on youth, nor does it render parents or the state powerless to address those concerns," Walker wrote. House Bill 3, also called "Online Protections for Minors," received bipartisan support when it passed last year. The bill, which was signed into law by Gov. Ron DeSantis, requires social media sites to delete accounts for anyone under the age of 14 or face hefty fines. The law was scheduled to go into effect on Jan. 1, but the state attorney general's office agreed not to enforce it until the judge could rule on the request for a preliminary injunction. NetChoice and the Computer & Communications Industry Association, which represents social media platforms including Meta, Google and Snapchat, filed their lawsuit in October. "This ruling vindicates our argument that Florida's statute violates the First Amendment by blocking and restricting minors -- and likely adults as well -- from using certain social media websites to view lawful content," Matt Schruers, president of Computer & Communications Industry Association, said Tuesday in a statement. While the judge focused on the social media provisions of the law, he left intact the age verification requirement to access pornographic websites. "An established principle of the First Amendment context is that enabling individuals to voluntarily restrict problematic content at the receiving end is preferred over restricting speech at the source," Walker wrote. "In this context, that means that parents are best positioned to make the appropriately individualized determinations about whether or when their children should use social media platforms," the judge added. Attorney General James Uthmeier, who was named as a defendant in the case, disagreed with Tuesday's ruling. His office said it plans to appeal. "Florida parents voted through their elected representatives for a law protecting kids from the harmful and sometimes lifelong tragic impacts of social media," said spokesperson Jeremy Redfern. "These platforms do not have a constitutional right to addict kids to their products."


Bloomberg
an hour ago
- Bloomberg
Chinese Firms Brush Off US Tariff Risks With Domestic Confidence
When US President Donald Trump took aim at China with record tariffs, the country's firms shrugged it off. Corporate China has since gone out of its way to assuage investors and tout its ability to weather tariff risks, citing experiences from Trump's first administration and that their businesses ultimately aren't that exposed to the US.