Home Forums Products & trends UPI – the go-to-payment method!

UPI – the go-to-payment method!

Home Forums Products & trends UPI – the go-to-payment method!

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  • #841
    Bhuvaneshwari R
    Participant

    Tethered folks, #DidYouKnow – UPI (Unified Payments Interface) has become the go-to payment method in India.

    On that note, sharing a few insights here about UPI,

    • UPI is a non-profit initiative by NPCI (National Payments Corporation of India)
    • It is highly secured with 2FA (Two-Factor Authentication)
    • It enables real-time money transfers between different bank accounts with only one application
    • Due to its popularity, UPI also has a presence in our neighboring countries, Bhutan & Nepal

    Quick Fact – NPCI is also partnering with entities in the USA, Japan, Singapore & Dubai to implement the same.

    My question is – What other countries can also be expected to join this digital payment force?

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