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Hitachi

Social Innovation

Revolutionizing India's Digital Landscape, Fueling Financial Inclusion

unified payments interface upi solutions

India’s digital payments revolution has been a resounding success!

  • Unified Payments Interface (UPI) – India’s homegrown instant payments system – clocked massive 9.3 billion transactions in June, 20231
  • 40% of all payments in India are digital2

The Digital revolution in India has been gaining thrust and Hitachi through Hitachi Payment Services (Hitachi Payments) is leading the transformation through its end-to-end payment solutions, strengthening digital payments infrastructure with an array of solutions including holistic mobile based Merchant Platform and UPI Stack encompassing UPI Processing, UPI Platform, and Soundbox for QR-related UPI payments.

Hitachi’s Comprehensive Real-Time Payment Solutions Stack

With a comprehensive real-time payment infrastructure which improves the merchant's payment journey at every stage, Hitachi Payments is revolutionizing digital transactions.

Instant Merchant Digital On-Boarding

  • Simplified self-onboarding with an option for assisted onboarding
  • Seamless data capture and limited manual entry
  • Local KYC integration with live image and video consent capture

Merchant Engagement Services Plus Transaction Mobile App

  • Real-time business dashboard with merchant-friendly analytics
  • Customizable reports ensuring information is at merchant’s fingertips
  • Marketing campaigns to boost merchant’s sales with badges/cashback for loyalty

State-of-the-Art Processing Platform

  • Enables banks/merchant aggregators to seamlessly integrate with the Central Platform
  • Offers strategic plug-ins and APIs, that enable easy integration via value-added services
  • Processes high volumes that ensure industry-best success rates and uptimes with higher availability, reliability and security

Single Unified Monetization Platform

  • Value-added services to drive revenue while simplifying business for merchants
  • A soundbox for instant voice updates of transactions to notify merchants
  • ONDC Connect to help merchants grow their business online

Instant Merchant Digital On-Boarding

  • Simplified self-onboarding with an option for assisted onboarding
  • Seamless data capture and limited manual entry
  • Local KYC integration with live image and video consent capture

Merchant Engagement Services Plus Transaction Mobile App

  • Real-time business dashboard with merchant-friendly analytics
  • Customizable reports ensuring information is at merchant’s fingertips
  • Marketing campaigns to boost merchant’s sales with badges/cashback for loyalty

State-of-the-Art Processing Platform

  • Enables banks/merchant aggregators to seamlessly integrate with the Central Platform
  • Offers strategic plug-ins and APIs, that enable easy integration via value-added services
  • Processes high volumes that ensure industry-best success rates and uptimes with higher availability, reliability and security

Single Unified Monetization Platform

  • Value-added services to drive revenue while simplifying business for merchants
  • A soundbox for instant voice updates of transactions to notify merchants
  • ONDC Connect to help merchants grow their business online/li>

Along with digital solutions, Hitachi Payments also offers secure and trusted cash-based solutions such as ATM Services, Cash Recycling Machines, ATM Software Platforms, E-Surveillance Solutions, White Label ATM, and Digital Banking Unit Solutions, with a mission to drive financial inclusion at the grassroots for an empowered India.




Sources:

  • 1. https://www.financialexpress.com/industry/banking-finance/upi-transactions-fall-slightly-in-june-remain-above-9-billion-mark/3151364/
  • 2. https://pib.gov.in/FeaturesDeatils.aspx?NoteId=151350&ModuleId%20=%202