UPI Device BindingJune 21, 2025

Meaning UPI Device Binding links a user’s mobile device to their UPI account to prevent fraud. Importance Transactions…

UPI Customer AuthenticationJune 21, 2025

Definition UPI Customer Authentication verifies the user’s identity before completing a transaction. Methods Typically involves UPI PIN, device…

UPI Transaction AlertsJune 21, 2025

Meaning UPI Transaction Alerts are instant notifications sent to users whenever money is sent or received. Purpose Alerts…

UPI Transaction Limits APIJune 21, 2025

Definition UPI Transaction Limits API allows apps to verify the maximum and minimum transaction limits set by banks…

UPI Account Balance InquiryJune 21, 2025

Meaning UPI Account Balance Inquiry lets users check their bank account balance through a UPI app without logging…

UPI Transaction TimeoutJune 21, 2025

Definition UPI Transaction Timeout occurs when a payment is not completed within the allowed time window and is…

UPI Payment InitiationJune 21, 2025

Definition UPI Payment Initiation is the process of starting a UPI payment request from payer to payee. Importance…

UPI Merchant QR RegistrationJune 21, 2025

Meaning UPI Merchant QR Registration is the process by which merchants register to receive UPI payments via QR…

UPI Pre-AuthorizationJune 21, 2025

Definition UPI Pre-Authorization is the temporary hold of funds on a customer’s account before completing a transaction. Use…

UPI Refund APIJune 21, 2025

Meaning UPI Refund API allows automated processing of refunds for failed or reversed UPI transactions. Purpose It ensures…