Mumbai: Fintech firm Getepay has unveiled ‘Vega’, an advanced indigenous payment switch designed to strengthen India’s digital payment ecosystem and accelerate financial inclusion. The launch event, held in Mumbai, was inaugurated by actor Sanjay Dutt, marking a key milestone for both Getepay and the broader fintech landscape.
Built on a microservices-based architecture, Vega is designed for speed, scalability, and resilience, allowing banks, payment service providers, and merchants to handle large transaction volumes with exceptional reliability. The platform supports real-time digital payments, automated reconciliation and settlement, and smart merchant management, simplifying the end-to-end payment process.
A key strength of Vega lies in its seamless integration across partner networks, enabling banks to consolidate multiple payment modes within a single gateway. The system can process millions of transactions in under a second, even during peak hours, effectively eliminating the delays and inefficiencies often seen in legacy platforms. Vega also enables real-time settlement, reconciliation, and transparent reporting, driving efficiency across financial operations.
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The platform fully adheres to National Payments Corporation of India (NPCI) and Reserve Bank of India (RBI) standards, ensuring regulatory compliance and end-to-end security. Its rapid deployment framework helps financial institutions roll out services quickly, supporting their digital transformation journeys. In addition, Vega’s merchant management suite allows institutions to seamlessly onboard, monitor, and manage merchants with complete control over transaction flows.
Pravin Sharma, Founder and CEO of Getepay, said the launch of Vega represents a major step toward empowering millions of micro and small entrepreneurs across India. “Vega bridges the gap between innovation and inclusion, simplifying digital payments for banks and merchants while enabling financial empowerment at the grassroots level,” Sharma said.
Since inception, Getepay has raised over $8 million from investors including Virender Sehwag, Hyderabad Angels, ITI Growth Fund, and DBR Ventures. The company plans to use these funds to enhance product development, expand merchant acquisition, and scale its payments infrastructure nationwide.
With the rollout of Vega, Getepay reinforces its vision of building a Digital Bharat by offering a secure, future-ready, and scalable payment switch that meets the evolving needs of India’s fast-growing digital economy.
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Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
