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Friday, March 1, 2024

Your bank account and UPI: Some common questions answered

UPI, created by NPCI under RBI, enables immediate fund transfers using IMPS infrastructure. It integrates multiple bank accounts into a single mobile app for convenient and safe transactions using various identifiers. Payments are secured with 1-click 2-factor authentication, including the use of UPI PIN. Now, PPI Wallets can also be linked to UPI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A2PDEoW

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