Upgraded UPI integration by Deutsche Bank delivers faster and more reliable digital transactions for merchants in India

Upgraded UPI integration by Deutsche Bank delivers faster and more reliable digital transactions for merchants in India

(IN BRIEF) Deutsche Bank has upgraded its connection to India’s Unified Payments Interface (UPI), enabling merchants and Payment Service Providers to process payments more quickly and efficiently through new direct payment rails. The improved infrastructure gives clients access to direct UPI collection services, higher transaction success rates, faster reconciliation, and real-time visibility into collections, while meeting India’s regulatory requirements. With more than 350 million UPI users and 172 billion transactions valued at USD 2.88 trillion in 2023, the platform is central to India’s booming digital economy. Oliver von Quadt, Deutsche Bank’s Global Head of Merchant Solutions – Acceptance, highlighted that UPI represents the future of payments in India, with daily transactions projected to reach one billion in the coming years. By optimizing its connection, Deutsche Bank strengthens its merchant solutions business in the region and helps clients benefit from a reliable, scalable, and customer-focused payments ecosystem.

(PRESS RELEASE) FRANKFURT, 28-Aug-2025 — /EuropaWire/ — Deutsche Bank has enhanced its connection to India’s Unified Payments Interface (UPI), introducing a streamlined solution that accelerates digital transactions for merchants and Payment Service Providers (PSPs). By deploying direct payment rails, the bank can now deliver faster transaction speeds, improved scalability, and a more efficient way for large merchants in India to accept UPI payments.

Through this upgraded infrastructure, Deutsche Bank offers its clients direct UPI collection services, enabling them to receive payments from customers with greater efficiency. The solution provides real-time visibility into transactions, improved reconciliation processes, and stronger compliance alignment with local regulatory requirements. Merchants benefit from higher success rates, reduced transaction steps, and consolidated reporting that simplifies cash management.

UPI, developed by the National Payments Corporation of India, has become the country’s dominant digital payments platform, facilitating 172 billion transactions valued at USD 2.88 trillion in 2023. With over 350 million active users, UPI plays a pivotal role in India’s digital economy and is gaining global recognition, already integrated in countries such as Singapore, France, and the UAE.

Deutsche Bank’s integrated merchant solutions platform offers clients a single access point to UPI, card payments, and other local methods. Its orchestration layer routes transactions via curated PSPs, ensuring resilience while keeping Deutsche Bank as the counterparty of record. Merchants can accept UPI via QR codes, payment links, or collection requests, and track real-time updates through automated system feeds or a dedicated self-service portal.

“UPI is the future of digital payments in India, with daily transactions expected to reach one billion in the next few years,” said Oliver von Quadt, Deutsche Bank’s Global Head of Merchant Solutions – Acceptance. “By strengthening our direct connection to UPI, we can deliver seamless, instant, and more reliable payment experiences for our clients, while supporting their growth in one of the world’s most dynamic payment markets.”

The move reinforces Deutsche Bank’s long-standing commitment to the Indian market, where the digital payments sector continues to expand rapidly. With direct UPI connectivity, the bank positions itself at the forefront of India’s e-commerce and merchant solutions landscape, combining the reach of a global financial institution with the speed and adaptability of local real-time payment technology.

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SOURCE: Deutsche Bank AG