CBDC (Central Bank Digital Currency / Digital Rupee)
Definition The full form of CBDC is Central Bank Digital Currency. In India, it’s also called the Digital…
BNPL (Buy Now, Pay Later)
Meaning BNPL stands for Buy Now, Pay Later. It is a short-term credit facility that allows customers to…
Blockchain
Definition Blockchain is a type of decentralized digital ledger that stores data in a secure, transparent, and tamper-proof…
Biometric Authentication
Meaning Biometric Authentication is a security method that verifies a person’s identity using unique physical traits such as…
AFA (Additional Factor Authentication)
Meaning The full form of AFA is Additional Factor Authentication. It is a security feature used in digital…
Credit Card Tokenization
Meaning Credit Card Tokenization is a process where the actual card number is replaced with a unique digital…
API Banking
Meaning The full form of API is Application Programming Interface. API Banking refers to using APIs to allow…
Contactless Payments
Definition Contactless Payments are transactions where the user does not need to touch the payment terminal physically. These…
2FA (Two-Factor Authentication)
Meaning The full form of 2FA is Two-Factor Authentication. It is a security process that requires users to…
UPI Account Deactivation
Meaning UPI Account Deactivation permanently disables your UPI access, often requested by the user or triggered due to…