Contactless UPI

byPaytm Editorial TeamLast Updated: July 10, 2025

Definition

Contactless UPI is a way of making UPI payments without touching any physical device like a POS machine or card terminal. It uses NFC or QR technology to process payments instantly.

How It Works

Users can tap their phones on a supported machine or scan a QR code. No need to enter PIN or swipe cards, making it faster and hygienic.

Benefits

  • Safe and hygienic
  • Faster checkout experience
  • Ideal for public places and stores

The definition of contactless UPI includes both tap-to-pay and QR-based scanning methods for touch-free payments.

You May Also Like

Dynamic QR GenerationLast Updated: September 15, 2025

Definition Dynamic QR generation refers to the process of creating fresh, transaction-specific QR codes through merchant systems or…

Cybersecurity in BankingLast Updated: July 31, 2025

Definition Cybersecurity in Banking refers to the practices, technologies, and tools used to protect digital financial systems from…

Call MoneyLast Updated: September 10, 2025

Definition Call Money is a short-term loan given by banks to other banks, repayable on demand, usually within…

Low-Value PaymentsLast Updated: September 15, 2025

Meaning Low-value payments are small-sized transactions usually made for everyday expenses. These are quick and often completed without…