UPI Pre-Authorization

byPaytm Editorial TeamLast Updated: October 21, 2025

Definition

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

Use Case

Commonly used in hotel bookings or rides, it ensures funds are available without immediate deduction.

Author

Paytm Editorial Team

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.

You May Also Like

Instant SettlementLast Updated: September 15, 2025

Definition Instant settlement means transferring money to the merchant’s bank account immediately after a customer makes the payment.…

UPI Merchant OnboardingLast Updated: September 16, 2025

Meaning UPI merchant onboarding is the process of registering a business on a UPI platform to accept digital…

E-Banking: Meaning, Types and BenefitsLast Updated: October 16, 2024

What is E-Banking? E-Banking, or Electronic Banking is a digital payment system that helps conduct banking functions like…

PayerLast Updated: September 16, 2025

Meaning The payer is the individual or entity who initiates a payment to another person or merchant. The…