Digital Signature
Definition A Digital Signature is an electronic method of signing documents that confirms the sender’s identity and ensures…
Digital Onboarding
Meaning Digital Onboarding is the process of registering new customers or users to a digital platform or financial…
TPAP (Third Party App Provider)
Meaning TPAP stands for Third Party App Provider. It refers to non-bank apps that offer UPI services to…
TRN (Transaction Reference Number)
Meaning A Transaction Reference Number (TRN) is a unique ID generated for every UPI transaction to help track…
Refund Process
Definition The refund process in UPI refers to the steps taken to return money to a user after…
P2P Transactions
Introduction P2P (Peer-to-Peer) transactions are digital payments made between two individuals using UPI. Definition The definition of P2P…
PSP (Payment Service Provider)
The full form of PSP is Payment Service Provider, a key player in the UPI framework that enables…
Peer-to-Peer (P2P) Transfer
Introduction Peer-to-Peer (P2P) Transfer is a UPI payment between two individuals for personal reasons like rent, gifts, or…
Peer-to-Merchant (P2M) Transfer
Introduction Peer-to-Merchant (P2M) Transfer refers to UPI transactions where a customer sends money to a business or service…
Pay Request
A Pay Request is a UPI-based prompt that allows users to initiate a payment to another user or…