IppoPay aims to facilitate easier transactions through this new solution by tapping TMB’s banking infrastructure
As part of this move, the startup’s affiliate Techfini will be processing all the UPI payments using the TMB handle
Founded by Mohan K and Jai Kumar in November 2020, IppoPay claims to facilitate offline and online businesses with digital payments
Chennai-based fintech startup IppoPay, which counts Coinbase Ventures, Better Capital and Blume Founders Fund among investors, has partnered with Tamilnad Mercantile Bank (TMB) to offer QR code-based UPI payment solutions to small businesses in underserved segments of Tamil Nadu.
IppoPay aims to facilitate easier transactions through this new solution by tapping TMB’s banking infrastructure, it said in a statement.