| akshayviyona - Hyderabad, - Oct 09, 2025 |
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message akshayviyona about this ad Viyona Fintech, a Hyderabad-based startup, has received approval from the National Payments Corporation of India (NPCI) to function as a Third-Party Application Provider (TPAP according to news reports. This approval allows the company to offer Unified Payments Interface (UPI) services in partnership with banks. Platforms Covered The approval includes Viyonas two applications, GraamPay and Viyona Pay. Both platforms can now support UPI-based transactions. The company announced the development in a press release issued on September 8, 2025. Expansion into Smaller Markets Viyona Fintech stated that the NPCI nod will help accelerate its plans to increase digital payment access across tier II and tier III cities, as well as underserved rural areas. The services are expected to expand UPI penetration beyond metropolitan regions. GraamPays Role GraamPay, Viyonas flagship platform, is designed for rural India. It provides farmers, shopkeepers, and households with tools for UPI transactions, digital collections, and payouts. The platform also supports rural e-commerce and financial literacy programs through Village-Level Entrepreneurs (VLEs Leadership Statement Ravindranath Yarlagadda, Founder of Viyona Fintech, stated, This approval reflects NPCIs confidence in our fintech applications to make UPI payments more accessible for farmers, shopkeepers, and households. Conclusion With NPCI approval in place, Viyona Fintech is set to roll out UPI services through GraamPay and Viyona Pay, marking a significant expansion of digital payment infrastructure into smaller towns and rural regions of India. message akshayviyona about this ad |