XPay.Life launches blockchain-enabled UPI services

XPay.Life commemorated its third anniversary by launching India’s first blockchain-enabled UPI services. XPay.Life is working with the regional rural banks and district co-operative central banks to aid them bank better and enable true financial inclusion of the rural population with security and no disturbance, Company Founder and CEO Rohit Kumar said.

XPay.Life is pioneering in making financial facilities accessible for the people, especially in the rural areas who need financial support the most, he said.

With the launch of UPI services, all of XPay.Life’s 4 million consumers around 15 plus states, in over 1 lakh villages will get an opportunity to step-up their access to financial facilities.

XPay.Life’s aim is to make the rural infrastructure witness advancement with the sought-over services that the company is delivering and envisioning providing.

XPay.Life will be bringing many such advances for the rural population in the future and is looking forward to strengthening the financial ecosystem of India as a whole, Kumar said.

The fintech company also with NABARD, NPCI, and the state government is working to assure the vision of strengthening banks and digitization payments comes into reality by enabling the last mile link of RRB’s and DCCB’s, he said.