Zeta's Fusion platform is set to power FamPay's neo-banking solution

CIOReviewIndia Team | Friday, 23 October 2020, 04:51 IST

Zeta's 'Fusion' platform is said to power FamPay's neo-banking solution

For Generation Z, banking tech company - Zeta has announced that its embeddable banking API-based platform 'Fusion' will power FamPay's neo banking solution. Through their own UPI ID and a numberless prepaid card, FamPay enables the unbanked youth to pay online and offline. 

While offering Indian teens effortless and delightful payments experience, a joint statement said that the company will integrate Fusion's card issuance capability and dynamic PIN solution.

Murali Nair, President for Banking at Zeta, said: "The banking ecosystem is fairly complex and building a compliant and secure financial product can be quite time-consuming. But with Fusion's embeddable banking solution, FamPay can go to market faster with innovative features and world-class user interface and user experience."

"We have taken two further steps in innovation and security with the Flash PIN feature, which will be powered by Zeta Fusion's Super PIN, enabling a truly painless, contactless and secure experience for our users in this new normal," said Kush Taneja, Co-Founder, FamPay.

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