Zomato joins hands with ICICI Bank to bring you seamless Zomato-owned UPI payments

Zomato partners with ICICI Bank to introduce UPI payments, offering seamless and secure transactions for food orders. Enhance your dining experience with Zomato's robust ecosystem

May 17, 2023 - 14:22
May 18, 2023 - 08:01
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Zomato joins hands with ICICI Bank to bring you seamless Zomato-owned UPI payments

Zomato, one of India's leading food delivery and restaurant discovery platforms, has recently announced its foray into the digital payments space by rolling out its own Unified Payments Interface (UPI) offerings in collaboration with ICICI Bank. This strategic partnership aims to enhance the overall user experience and further strengthen Zomato's position in the market.

The integration of UPI into Zomato's platform will enable customers to make seamless and secure payments for their food orders directly through the app. UPI has gained immense popularity in India as a convenient and widely accepted digital payment system, allowing users to link their bank accounts and make instant transfers with just a few taps on their smartphones.

By partnering with ICICI Bank, one of India's largest private sector banks, Zomato aims to leverage its extensive banking network and expertise in the payment industry. ICICI Bank has been at the forefront of digital banking innovations and has a robust UPI infrastructure in place, making it an ideal collaborator for Zomato's payment solutions.

Through this partnership, Zomato will be able to offer its vast customer base a seamless payment experience, eliminating the need for external payment apps or platforms. Users will have the convenience of making payments directly from the Zomato app, enhancing the overall efficiency and user-friendliness of the platform.

Moreover, the integration of UPI offerings will not only benefit customers but also the thousands of restaurants and food outlets partnered with Zomato. It will simplify the payment process for these businesses, reducing reliance on cash transactions and streamlining their operations. This move aligns with Zomato's vision of creating a robust ecosystem that benefits all stakeholders involved in the food delivery and dining experience. Security will be a key focus of Zomato's UPI offerings. The company, in collaboration with ICICI Bank, will implement robust security measures to safeguard customer data and ensure secure transactions. This will instill trust among users and encourage wider adoption of Zomato's digital payment solutions.

Also Read: Zomato and Yulu team up for sustainable last-mile deliveries

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Sneha Kumari Hey Everyone, I'm an undergraduate student pursuing Integrated Masters of Science in Food Technology