UPI Bank Settlement

byPaytm Editorial TeamLast Updated: September 22, 2025

Meaning

UPI bank settlement is the process through which banks process UPI transactions and transfer funds from payer accounts to payee accounts, including merchants.

Examples

  • Settling daily e-commerce transactions.
  • Crediting utility bill payments to companies.

Importance

  • Ensures accurate fund transfers.
  • Maintains transparency and trust in digital payments.
  • Provides timely access to received funds.

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