Definition UPI Transaction Timeout occurs when a payment is not completed within the allowed time window and is…

Definition UPI Payment Initiation is the process of starting a UPI payment request from payer to payee. Importance…

Meaning UPI Merchant QR Registration is the process by which merchants register to receive UPI payments via QR…

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

Meaning UPI Refund API allows automated processing of refunds for failed or reversed UPI transactions. Purpose It ensures…

Definition UPI Transaction Settlement is the process of transferring funds from the payer’s bank to the recipient’s bank…

Meaning PSP stands for Payment Service Provider. A Payment Service Provider, is an entity that enables merchants to…

Definition UPI App Integration refers to connecting a mobile app or platform directly with UPI services for seamless…

Meaning UPI Pull API allows apps or merchants to “pull” money from a customer’s account with their consent…

Definition UPI Push API enables initiating money transfers from the payer’s account to a recipient via UPI programmatically.…