Definition The Cash Reserve Ratio is the percentage of a bank’s total deposits that must be kept as…

Definition The full form of PPI is Prepaid Payment Instruments. These are methods that store prepaid value for…

Definition The full form of OTP is One-Time Password. It is a temporary code sent to a user’s…

Meaning The full form of NFC is Near Field Communication. NFC Payments use this short-range wireless technology to…

Definition The full form of Net Banking is Internet Banking. It allows customers to access and manage their…

Meaning A Payment Processor is a company or system that handles the technical aspects of moving payment information…

Definition UPI SDK (Software Development Kit) is a set of tools provided to integrate UPI-based payments into mobile…