#mypoolin

NPCI has set rules for all the apps providing UPI for fund transfer. A circular titled “Guidelines on Interoperability features for all BHIM UPI Apps” was issued on 16th March 2018.

The NPCI has given the time until 16th April 2018 to comply the interoperability rules. The rule is applicable to all the UPI apps whether they are bank apps or merchant/third-party UPI apps.

UPI ID or VPA facility is Mandatory

If any payment app is using UPI platform must give facility of sending money through the UPI ID or VPA.

For Merchant Apps, sending money through the UPI ID or VPA is optional.

Support for Collect request from any BHIM UPI ID (VPA)

The UPI Payment system gives you the facility to request money from someone. UPI Collect request is used while merchant transactions, one should know the UPI ID or QR code of the payer to complete the transaction.

Bharat QR Code

All UPI app should adopt the Bharat QR system. This enables them to generate and scan Bharat QR code, which can be used to collect or pay the amount. The Bharat QR code is a universal code and any UPI app can scan it and pay the money.

For Merchant App, QR code generation is not mandatory, however, it must accept payment through the QR code..

Respond to Intent call on the same phone by any BHIM UPI app or merchant

This enables apps on the same phone communicate with each other. The transaction started in one app can be completed on other apps within the device that can support the intent on phone.

This compliance is not applicable to the merchant apps collecting or receiving payment using BHIM UPI (apps not onboarding/ registering on BHIM UPI or not creating exclusive VPA on merchant app).

Why this is important?

As we know, transactions across UPI reached a new peak in January. The transaction volume was 151.7 million, up around 4% from 145.5 million in the previous month. The value of transactions rose around 18% to Rs155.4 billion in January from Rs131.4 billion in the previous month, according to provisional data released by RBI for the month of January.

This circular will force all the platforms to be interoperable and works based on open standards. The main purpose is to offer convenient and secure offerings, providing multiple choices to consumers for rapid adoption of digital payments.

At Mypoolin, we recently launched our full-fledged payment infrastructure supporting UPI, Debit & Credit cards with major wallets.

We have the best plans for growing start-ups and small & medium businesses.

To know more, simply contact us today to talk about your needs and how we can help you. We have already helped more than 100 businesses achieve full potential in managing their money flow.

Time to add high-speed wings to your business!

Looking for money management solutions for your business?

Please fill out a quick survey to help us understand your requirements — https://mypoolin.typeform.com/to/Pll82a.

Looking for an adventurous outing or a spontaneous tour?

A getaway or a unique experience with a group of friends can be one of the most fun things you can do, but the planning can be a big headache. Well! don’t fret, as we are here to help.

Simply create a pool on Mypoolin and invite your friends within seconds after choosing your desired experience from our ‘outing’ section of our app. Everybody can put in their own share using any mode of payment — UPI/debit/credit cards/net-banking. As soon as everyone pays, the booking is complete the ticket/voucher gets delivered to you instantly!

That’s it.

And to make your life simple here’s our top pick from the tried and tested classics to the cool, adventurous, thrilling experiences and getaways, in and around your city.

1.For the one who enjoys the thrill of a good adventure, you could book the awe-inspiring experience of skydiving!

2. Scared of heights? How about the thrilling river rafting experience, set amidst the gorgeous white waters!

3. Still not convinced, how about Paint-Ball with buddies. It’s a wonderful exercise with lots of fun, thrill, adventure and strategy all mixed in one!

4. Else, in the last but not the least scenario, the classic route works the best. How about a getaway to a place that is unaffected by the sights and sounds of the city, camping is your best bet.

Excited?  We bet you are. To get started hit up Mypoolin app or website and choose that elusive activity to enjoy with your friends. P.S. our collection keeps expanding every week!

Time to bring in all your friends and make that experience as one to remember, and not one to dread with those common ‘You Owe Me’ situations.

At the end of the day, it’s all about sharing and living your life!

Let’s help you enjoy the best time ever with your friends within your city or outside. Check out Mypoolin app or get started on the website.

Looking for money management solutions for your business? Check out our demo at https://projects.invisionapp.com/share/NVF4LZK3M#/screens/271102956 and find more details at: at https://mypoolin.com/api.html.

Choosing the right payment gateway for your business is one of the most important decisions you make when starting up your business. And once you’re up and running, ensuring you have the right payment gateway to suit your business. We get it and we’ve found a few ways to narrow down your options and make the process of choosing a little easier.

As an SME or business owner, are you interested? We bet you should be!

Simply contact us today to talk about your payment needs and how we can help you. We have already enabled 100+ businesses in growing their business via the fastest and latest payment options like UPI.

—

It all started 22 years back. It was my first birthday and I was so excited to open my birthday gifts than to cut my cake. 

I got a lot of gifts. Problem- I either had them already or didn't like them at all.. 

I had lost all hope and my life was 'colorless' and deserted. 

I realized there's no use of crying. 

When I saw how depressed my best friend was after witnessing the debacle at my birthday, I kept my hand on his shoulder & promised I wouldn't let the same happen to him. 

So, I asked our mutual friends to chip in money to 'Gift as a Group' and gifted him that bottle of Scotch which led to his priceless expression!

This the revolution, ladies and gentlemen. Come and experience it right here. Check out how we are re-defining Group payments on Mypoolin.

Are you still living in the #stone age when it comes to #splitting money with friends? Check out how Mypoolin beats spreadsheets hands down! :)

Ankit Singh and Rohit Taneja met for the first time at Harvard University at an HPAIR conference in 2012. Later on, they met again at Technion in Israel for an entrepreneurial project. Little did they know that their complementary skills would match to make MyPoolin.