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bile platform. It was developed by the National Payments Corporation of India (NPCI) and controlled by the RBI. UPI transactions are processed through a Virtual Payment Address (VPA) or the UPI ID.
Unified Payment Interface (UPI) allows secure digital payments. It is a convenient way of receiving and sending money without sharing bank account details. You can easily download UPI-enabled apps onto your smartphone from the Google Play and iOS app store.UPI can be used to make payments at retail outlets or initiate fund transfers. The official mobile banking apps of most banks offer UPI as a choice of fund transfer.
Aadhaar is the most useful verification tool to authenticate one’s identity. It…
Aadhaar card has been made mandatory to avail a number of services and to authenticate various documents. In order to avail online facilities related to Aadhaar, you have to register your mobile number with UIDAI that will be used to send the OTP for authentication
Financial products and services must be made available to all the citizens…
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In India, where students often feel a lot of pressure be it in academics or even finances. Small loan apps…
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Asset based lending: Any type of loan that is secured by an asset is an asset-based loan. This implies that…
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