The number of users using UPI money transfer services in India is increasing. Now TATA to be launch TataNeu Digital Payments in April 2022 with facilities of sending money to other and receive others to you, all recharge, scan and pay, offers, flight, train and hotel booking etc.
Many companies like Paytm, Phonepe, Google Pay, Amazon Pay are operating in this field. In this situation, the Tata Group has also announced that it will enter the field. The Tata Group’s UPI mobile application is named ‘Tata Neu’.
Tata Digital, the digital business arm of Tata, will partner with ICICI Bank for this service. Tata’s neu service is said to be designed to be faster than other UPI processors.
It has been reported that this TataNeu UPI Application will be launched during the IPL series next month. Every UPI processor offers including cashback and coupons. Similarly, the TataNeu application will offer a wide range of offers and cashback.
In addition, Tata Digital’s other processors such as BigBasket, 1MG, Croma, Tata Cliq and Flight Booking Services can also be used on this neu application.