Pending UPI Transaction
Definition A pending UPI transaction means the payment request has been initiated but not completed due to technical…
P2M Payment
Meaning P2M payment stands for Peer-to-Merchant payment, which involves transferring money digitally from a customer to a business…
P2P Payment
Definition P2P payment stands for Peer-to-Peer payment, which means transferring money directly between individuals using digital platforms like…
One-Time Mandate
Definition A one-time mandate is a pre-approved instruction that allows automatic debit of a specified amount only once…
Merchant Settlement Report
Meaning A merchant settlement report is a detailed statement provided by banks or payment platforms that shows the…
Multi-Bank Linking
Definition Multi-bank linking means connecting more than one bank account to a single digital payment platform, such as…
Micro Payments
Definition Micro payments are very small transactions, usually less than ₹100, made digitally for low-cost services or products.…
How to Use Paytm’s ‘Hide Payment’ Feature for Private Transactions
Privacy and personalization have become central to digital financial experiences. With more users opting for contactless and cashless…
Merchant Settlement Cycle
Meaning Merchant settlement cycle is the time taken by banks or payment systems to transfer collected customer payments…
Mobile Recharge via UPI
Definition Mobile recharge via UPI means topping up your prepaid balance or paying your postpaid bill directly through…