Definition
UPI Transaction PIN Verification is the process of entering a secure 4 or 6-digit PIN to authorize a payment.
Function
It ensures that only the account holder can complete the transaction, protecting against fraud and misuse.
UPI Transaction PIN Verification is the process of entering a secure 4 or 6-digit PIN to authorize a payment.
It ensures that only the account holder can complete the transaction, protecting against fraud and misuse.
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.
Understanding the Concept of EBR External benchmark rate or external benchmark lending rate was implemented by the RBI…
Understanding Cascading Effect Cascading effect is a situation of taxation over taxes. The tax is imposed on every…
DC: Full Form and Meaning The full form of DC is Documentary Credit. It refers to a financial…
What is the Meaning & Full Form of TRF? TRF is an abbreviation for ‘Transfer’ and is commonly…
Definition Contactless Payments are transactions where the user does not need to touch the payment terminal physically. These…
Definition UPI Pre-Authorization is the temporary hold of funds on a customer’s account before completing a transaction. Use…