New Launch27 Jul 2026, 03:26 pm
EbixCash Integrates with BHIM UPI, Expanding Wallet Utility
AI Summary
Ebix Limited announced that its digital payments platform, EbixCash, has integrated with BHIM UPI. This integration allows EbixCash's over 14 lakh active wallet users to link their wallets and make UPI payments across millions of merchants nationwide. The move is expected to enhance wallet utility, accelerate customer activation, increase transaction frequency, and support the company's long-term payments growth strategy. The EbixCash Wallet currently processes approximately ₹2 crore in monthly transaction value and is onboarding nearly 100 new users daily. EbixCash plans to extend this interoperability to other UPI platforms like Google Pay and PhonePe.
Key Highlights
- EbixCash integrates with BHIM UPI, enhancing wallet utility.
- Over 1.4 million active wallet users can now make UPI payments.
- Aims to accelerate customer activation and transaction frequency.
- Monthly transaction value is ₹2 crore, with 100 new users daily.
Price Impact
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