Voice-Based Transactions
Definition Voice-Based Transactions are financial operations carried out using voice commands on mobile apps or smart devices. Usage…
UPI 2.0
Meaning UPI 2.0 stands for Unified Payments Interface 2.0. UPI 2.0 is an upgraded version of the original…
Aadhaar-based UPI
Definition Aadhaar-based UPI allows users to send or receive money using their Aadhaar number linked to a bank…
Auto Debit
Meaning Auto Debit is a banking facility where money is automatically deducted from your account on a set…
Bank Guarantee
Meaning A Bank Guarantee is a promise by a bank to pay money on behalf of a customer…
Debit Card
Definition A Debit Card is a plastic card linked to your bank account that allows you to withdraw…
Account Payee Cheque
Definition An Account Payee Cheque is a cheque that can only be deposited into the bank account of…
Cheque
Definition A Cheque is a written document instructing a bank to pay a specific amount of money from…
Cooperative Bank
Meaning A Cooperative Bank is a financial institution owned and managed by its members to provide banking services…
UPI One World
Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…