ReferIndia News Tamilnad Mercantile Bank Partners With Rugr Fintech and Fin Meadows for UPI Enhancement

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Tamilnad Mercantile Bank Partners With Rugr Fintech and Fin Meadows for UPI Enhancement

Published on: Dec. 23, 2025, 11:20 a.m. | Source: scanx.trade

Tamilnad Mercantile Bank has formalized strategic partnerships with Rugr Fintech as a referral partner for Payment Aggregators and Fin Meadows Technologies as a Technology Service Provider for UPI switching. The collaboration leverages TechFini UPI Switch technology capable of processing up to 10,000 transactions per second, extending services to payment aggregators, NBFCs, and fintech partners with enhanced UPI Autopay capabilities for automated loan collections.

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