Meaning
UPI Refund API allows automated processing of refunds for failed or reversed UPI transactions.
Purpose
It ensures faster refunds for customers and reduces manual effort for merchants.
UPI Refund API allows automated processing of refunds for failed or reversed UPI transactions.
It ensures faster refunds for customers and reduces manual effort for merchants.
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.
What is CIBIL? CIBIL stands for Credit Information Bureau, regulated by the Reserve Bank of India along with…
Meaning USSD UPI (*99#) is a mobile banking service that lets users access UPI services without an internet…
Meaning UPI Collect API allows businesses or apps to request money from customers via UPI automatically. Function It…
What is the full form of NPCI in banking & finance? The full form of NPCI is National…
Understanding Corporation A corporation is a type of legal entity that is separate from its owners. Created under…
Definition Refund processing refers to the mechanism by which money is returned to a payer after a failed,…