UPI Transaction TimeoutJune 21, 2025

Definition UPI Transaction Timeout occurs when a payment is not completed within the allowed time window and is…

UPI Account Balance InquiryJune 21, 2025

Meaning UPI Account Balance Inquiry lets users check their bank account balance through a UPI app without logging…

UPI Transaction Limits APIJune 21, 2025

Definition UPI Transaction Limits API allows apps to verify the maximum and minimum transaction limits set by banks…

UPI Transaction AlertsJune 21, 2025

Meaning UPI Transaction Alerts are instant notifications sent to users whenever money is sent or received. Purpose Alerts…

UPI Transaction SettlementJune 21, 2025

Definition UPI Transaction Settlement is the process of transferring funds from the payer’s bank to the recipient’s bank…

UPI Refund APIJune 21, 2025

Meaning UPI Refund API allows automated processing of refunds for failed or reversed UPI transactions. Purpose It ensures…

UPI Pre-AuthorizationJune 21, 2025

Definition UPI Pre-Authorization is the temporary hold of funds on a customer’s account before completing a transaction. Use…

UPI Merchant QR RegistrationJune 21, 2025

Meaning UPI Merchant QR Registration is the process by which merchants register to receive UPI payments via QR…

UPI Payment InitiationJune 21, 2025

Definition UPI Payment Initiation is the process of starting a UPI payment request from payer to payee. Importance…

UPI Collect APIJune 21, 2025

Meaning UPI Collect API allows businesses or apps to request money from customers via UPI automatically. Function It…