Current Affairs - Finance - Discussion

CARD91, an Issuance Platform-as-a-Service company, has launched ‘Blitz,’ a proprietary UPI Switch designed to provide banks and financial institutions with seamless and scalable digital payment solutions. Blitz supports UPI 2.0, Credit Line on UPI, Rupay Credit Card on UPI, AutoPay, and Delegate Payments, ensuring high reliability with 99.99% uptime and the ability to process over 2000 transactions per second (TPS). This initiative enhances the efficiency and security of digital transactions, strengthening the financial ecosystem and promoting wider adoption of UPI-based services in India.