UPI Transaction Audit

byPaytm Editorial TeamLast Updated: November 14, 2025

Definition

UPI Transaction Audit is a process of checking and reviewing UPI payment records to ensure accuracy, security, and compliance with NPCI rules.

Function

It helps detect fraudulent or incorrect transactions, ensuring transparency and trust in the UPI ecosystem.

You May Also Like

What is External Benchmark Rate (EBR)?Last Updated: October 11, 2024

Understanding the Concept of EBR  External benchmark rate or external benchmark lending rate was implemented by the RBI…

PM Suraksha Bima YojanaNovember 5, 2025

Meaning PM Suraksha Bima Yojana (PMSBY) is a government-backed personal accident insurance scheme.Definition Full form: Pradhan Mantri Suraksha…

Cybersecurity in BankingLast Updated: July 31, 2025

Definition Cybersecurity in Banking refers to the practices, technologies, and tools used to protect digital financial systems from…

BondsLast Updated: December 12, 2025

Meaning & Definition Bonds are debt instruments issued by governments, corporations, or organizations to raise funds. When you…

UPI App TokenizationLast Updated: October 21, 2025

Definition UPI App Tokenization replaces sensitive account information with a secure token during transactions. Benefit It ensures that…