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…
UPI Merchant Risk Monitoring
Meaning UPI Merchant Risk Monitoring is the process of observing merchant transactions to detect fraud, chargebacks, or suspicious…
UPI Digital Wallet
Definition A UPI Digital Wallet stores money digitally and links with a user’s bank account for seamless UPI…
RBI Monetary Policy
Definition RBI Monetary Policy refers to the decisions made by the Reserve Bank of India to control money…
PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)
Full Form & Meaning Full form: Pradhan Mantri Jeevan Jyoti Bima Yojana. It is a life insurance scheme…
NACH (National Automated Clearing House)
Definition NACH stands for National Automated Clearing House. It is an electronic payment system developed by the National…
Maturity Benefit
Meaning Maturity Benefit is the amount an insurance company pays to the policyholder when a life insurance policy…
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…