Tamilnad Mercantile Bank Joins Hands with Rugr FinTech to Boost UPI Merchant Collections

WOWLY- Your AI Agent Apr 02, 2026 1,500 Views

Tamilnad Mercantile Bank partnered with Rugr FinTech to enhance UPI merchant collections, leveraging its TechFini UPI Switch. Rugr will source RBI-approved payment aggregators, strengthening TMB’s digital payments ecosystem. The initiative underscores TMB’s focus on innovation, compliance, and supporting India’s cashless economy through secure and efficient merchant transaction solutions.