Definition
UPI Payment Initiation is the process of starting a UPI payment request from payer to payee.
Importance
It ensures that the transaction is captured in real-time and follows all UPI protocols.
UPI Payment Initiation is the process of starting a UPI payment request from payer to payee.
It ensures that the transaction is captured in real-time and follows all UPI protocols.
The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.
Introduction Peer-to-Peer (P2P) Transfer is a UPI payment between two individuals for personal reasons like rent, gifts, or…
Definition Fintech is short for Financial Technology. It refers to the use of technology to deliver financial services…
Meaning UPI Transaction Queue is a temporary line-up of pending transactions waiting to be processed by banks. Purpose…
Meaning A merchant settlement report is a detailed statement provided by banks or payment platforms that shows the…
What is the full form of NPCI in banking & finance? The full form of NPCI is National…
HSN Full Form and Meaning The full form of HSN is the Harmonized System of Nomenclature.. HSN is…