TRN (Transaction Reference Number)
Meaning A Transaction Reference Number (TRN) is a unique ID generated for every UPI transaction to help track…
Refund Process
Definition The refund process in UPI refers to the steps taken to return money to a user after…
P2P Transactions
Introduction P2P (Peer-to-Peer) transactions are digital payments made between two individuals using UPI. Definition The definition of P2P…
PSP (Payment Service Provider)
The full form of PSP is Payment Service Provider, a key player in the UPI framework that enables…
Peer-to-Peer (P2P) Transfer
Introduction Peer-to-Peer (P2P) Transfer is a UPI payment between two individuals for personal reasons like rent, gifts, or…
Peer-to-Merchant (P2M) Transfer
Introduction Peer-to-Merchant (P2M) Transfer refers to UPI transactions where a customer sends money to a business or service…
Pay Request
A Pay Request is a UPI-based prompt that allows users to initiate a payment to another user or…
P2M Transactions
Introduction P2M (Peer-to-Merchant) transactions are UPI payments made by customers to businesses for goods or services. Definition The…
Offline UPI (*99#)
Introduction Offline UPI allows users to make digital payments without internet using the *99# USSD code on any…
NPCI Mapper
Introduction NPCI Mapper is a database system that links users’ mobile numbers to their bank accounts for UPI…