This project is to upgrade the existing PineLabs platform to enable credit line on UPI by integrating with Lender applications. Key lending applications of existing PineLabs platform were impacted like KYC, Underwriting, Onboarding and Authorization. This upgrade also brings in the key feature of Registration on third party UPI application for credit line on UPI. Verinite was engaged as a solutioning partner to design a seamless integration.
PineLabs is a leading payment aggregator, merchant acquiring partner and payment processor. PineLabs also own industry leading gift card processor as Qwikcilver and envisage entering into issuing business.