Automated payment verification for direct UPI payments, cutting gateway commissions.
Product memo
Merchants receiving UPI payments get instant transaction notifications and automated verification. It uses dynamic QR codes and webhook integrations to confirm payments deposited directly into bank accounts. This approach removes commission fees, targeting businesses that need a direct, reconciliation-ready payment flow.
For who
Merchants receiving UPI payments
Solves what
Automated payment verification and instant transaction notifications
- Dynamic QR code generation
- Webhook integration
- Real-time notifications
In their own words
Receive Payments Instantly in
Payment Setu Is Not A Payment Gateway, It Is A Payment Verification Service. All payments will be directly deposited into your bank account.
Commercial cues
Model
usage based
Free tier
No
Trial
No
Pricing Strategy
- • Tiered credit packs align costs directly with transaction verification volume.
Operator context
Founded
Jan 2025
Platform
Web app
Audience
Ops Finance
Payments
Paddle
Public footprint
Tech stack
Builder Strategy
- Strategy Type
- Niche Specialist
- Stage
- Pre Revenue
- Effort
- Solo Buildable
About Paymentsetu Expand
PaymentSetu offers an automated product for merchants to verify UPI payments and receive real-time transaction notifications. It serves businesses in India that accept direct UPI payments, providing dynamic QR code generation and webhook integration.
This service serves as a verification layer, not a payment gateway, allowing funds to deposit directly into the merchant's bank account. This model removes the commission fees typically charged by gateways, making it a practical option for businesses seeking to reduce transaction costs and automate reconciliation.