Wallet KYC
Meaning KYC stands for Know Your Customer. Wallet KYC is the process of verifying a user’s identity to…
White-Label ATM
Definition A White-Label ATM is an automated teller machine owned and operated by private companies, not banks. How…
Tokenization
Definition Tokenization is the process of replacing sensitive payment data like card numbers with unique tokens to secure…
Benefits of Using Paytm UPI for Daily Transactions
In the digital-first era, fast and safe payments are no longer a luxury but a necessity. Whether you’re…
Aadhaar Pay
Meaning Aadhaar Pay is a digital payment solution that allows users to make payments using their Aadhaar number…
Aadhaar De-Seeding from NPCI Mapper: What It Means & Should You Do It?
In recent months, many bank customers in India have received alerts or emails about removing their Aadhaar number…
Payment Switch
Definition A Payment Switch is a system that routes payment requests between banks, card networks, and payment service…
mPIN
Full Form & Definition mPIN stands for Mobile Personal Identification Number. It is a 4–6 digit code used…
Bharat QR
Definition Bharat QR is a unified QR code system launched by NPCI, in collaboration with card networks, to…
Bharat BillPay
Meaning Bharat BillPay is a centralized bill payment system regulated by the Reserve Bank of India and operated…