Current Affairs - Finance - Discussion

Viyona Fintech, a Hyderabad-based fintech infrastructure company, secured NPCI certification for its payment technology framework covering UPI Acquirer, UPI Issuer, IMPS, and Interoperable Banking Mobile Banking (IBMB) integrations. This certification enables the company to support merchant QR acceptance, customer-side UPI issuance, and real-time fund transfer services. The infrastructure is particularly aimed at improving interoperable mobile banking and strengthening rural banking solutions. NPCI, which operates major retail payment systems like UPI and IMPS, plays a critical role in India’s rapidly growing digital payments ecosystem and financial inclusion initiatives.