Wave allows you to on-board all your Bank Customers onto UPI in a very short period of time. Your Bank can on-board customers in bulk based on the type of customer they are in a secure environment.

You get reports containing statistics on app usage, transaction volume, growth in your customer base, and more. By being able to capture common trends in UPI transactions, your Bank will be able to plan targeted advertising campaigns.

To add to the channels through which your customers enjoy Wave, your Customer can conveniently use his/her voice assistants, smartwatch and other IOT devices.

The customizable modules of Wave enable Merchants to make bill payments, send bills to customers, and collect payments in bulk. Banks can on-board new customers, set account privileges for Bank Officers and Customers, track suspicious transactions, and get reports on exceptions processing.

Your accountants don’t need to download transaction data from Wave and manually reconcile it with financial records because Wave does it automatically. Your Bank’s accountants can alter the format of the reconciliations to meet their standards. This way, your auditors and accountants can focus more on analytical tasks.

Wave integrates with your CBS and serves as a Payment Service Provider (PSP) by mapping global identifiers using your customers’ mobile numbers and ID numbers, managing your customers’ virtual payment addresses, and setting business rules. By doing so, your customers can make UPI payments from within your existing systems.