Paygic, a leading provider of UPI payment solutions, has announced a groundbreaking advancement in merchant acquisition with the launch of its industry-first instant merchant onboarding process, developed in strategic collaboration with YES BANK. This pioneering solution enables merchants to get started with Paygic’s payment services almost immediately, drastically reducing onboarding time through a fully API-driven, real-time agreement signing process.
Traditionally, merchant onboarding involves extensive paperwork, manual verifications, and long waiting periods, which can delay business operations. Paygic’s innovative system, integrated seamlessly with YES BANK’s robust banking infrastructure, streamlines the entire journey, allowing merchants to complete every necessary step digitally. From application submission to agreement signing and activation, the process is now instantaneous, enabling businesses to begin accepting payments within minutes, not days.
“We are incredibly proud to introduce this truly instant onboarding experience, a first in the industry, made possible through our strategic partnership with YES BANK,” said Govind Sharma, Founder & CEO of Paygic. “Our mission has always been to remove friction for businesses, and this innovation elevates that commitment. Merchants can now get set up and start transacting in mere minutes, allowing them to seize business opportunities faster than ever before.”
The collaboration combines YES BANK’s advanced banking technology with Paygic’s fintech expertise to deliver a secure, seamless, and efficient onboarding pipeline. This initiative is particularly beneficial for SMEs and startups, where speed to market and operational efficiency are crucial.
Key Benefits of Paygic’s Instant Merchant Onboarding:
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Real-time Activation: Merchants can begin accepting payments within minutes of completing their application.
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Fully Digital Process: Eliminates all paperwork through API-based agreement signing.
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Enhanced Operational Efficiency: Streamlines workflow for businesses of all sizes, especially SMEs and startups.
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Secure and Reliable: Powered by the robust, secure infrastructure of Paygic and YES BANK.
“This partnership reflects our shared vision of accelerating digital transformation across the Indian payment ecosystem,” said [YES BANK Spokesperson Name, Title, e.g., Head of Digital Banking]. “By enabling instant, API-based merchant onboarding, we are empowering businesses with unmatched speed and convenience, fostering greater participation in the digital economy.”
Paygic invites all new and existing businesses to experience the future of merchant onboarding and enjoy the benefits of a fast, secure, and fully digital setup process.
About Paygic
Paygic (Paygic Innovations Pvt. Ltd.) is a leading Indian fintech company specializing in UPI and digital payment solutions for businesses. With a focus on robust technology, fast onboarding, and 24/7 technical support, Paygic empowers Indian businesses of all sizes to transact securely, efficiently, and without friction.
Contact Information:
📧 Email: [email protected]
🌐 Website: paygic.in
