#Overview

#What is the UPI Setu?

UPI Setu is a comprehensive UPI product suite designed by Setu to empower merchants and merchant aggregators by providing state-of-the-art UPI solutions.

UPI Setu connects directly with NPCI, absorbing both acquirer and beneficiary bank sides of the transaction to provide a seamless UPI-first product experience to our customers.

Unified Payments Interface (UPI) is a digital payment system developed by NPCI that enables customers to pay for goods and services real-time, across any UPI app with different payment methods—like savings accounts or credit cards—from the convenience of their phone.

#Key features

• Express ledger—Fully managed beneficiary leg to drastically reduce deemed transactions and avoid bank failures.
• Refunds and disputes—Specialised APIs to handle refunds and disputes, thus increasing operational value.
• Latest NPCI compliant stack—Adherence to the latest UPI offerings and compliances, because of the direct partnership with NPCI.

#What can you do with UPI Setu?

• One time UPI payments—Enable all UPI payments using QR, Payment Links and in-app deployment with our APIs.
• Recurring mandate payments—Customisable recurring payments with UPI Mandates for all your use cases.
• UPI for financial services—Enable BFSI specific products like Third Party Validation and Single Block Multi Debit.