Business Economy


Hyd:VIYONA Fintech secures NPCI certification for technology, framework across key payment infrastructure layers

Hyderabad, May 18 (UNI) Hyderabad based VIYONA Fintech company on Monday said it has secured NPCI certification for its technology and certification framework across multiple critical payment infrastructure layers, including UPI Acquirer, UPI Issuer, IMPS and Interoperable Mobile Banking (IBMB) integrations.
With this milestone, VIYONA joins a select group of fintech infrastructure players building end-to-end payment orchestration capabilities aligned with standards of the National Payments Corporation of India.
The company has been steadily expanding its banking and payments infrastructure over the past two years, integrating with multiple banking institutions for collections, payouts and payment processing capabilities.
The certification is expected to accelerate its expansion in merchant acquiring, rural banking infrastructure, embedded finance and interoperable digital banking services, the company said in a release here.
The completion of both UPI Acquirer and UPI Issuer capabilities enables the company to participate across multiple layers of the UPI ecosystem from merchant acceptance and QR acquiring to customer-side issuance infrastructure.
“The addition of IMPS and IBMB capabilities expands VIYONA’s service portfolio across interoperable mobile banking, real-time fund transfers, merchant settlement systems and rural banking use cases,” said Ravindranath Yarlagadda, Chairman of Viyona Fintech.
“We are preparing the rollout of our merchant acceptance ecosystem under the ViyonaPay initiative, aimed at expanding digital payment acceptance and banking accessibility across underserved and rural markets,” he added.
The company is also expanding its product and services portfolio with six upcoming offerings across merchant payments, rural acceptance infrastructure, POS ecosystems and merchant enablement platforms.
It is additionally planning broader fintech infrastructure initiatives spanning connected banking, digital onboarding systems and interoperable payment routing technologies.
Founded by entrepreneur Ravindranath Yarlagadda, VIYONA has positioned itself as a fintech infrastructure company focused on bridging digital banking and payment access gaps, particularly in semi-urban and rural markets.
As UPI continues to witness record transaction growth nationwide, the company is expanding its footprint across merchant acquiring, banking partnerships and rural fintech enablement initiatives linked to its ViyonaPay platform, while building out its broader payments infrastructure and ecosystem capabilities.
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