In today’s dynamic digital payments ecosystem, getting real-time notifications for UPI payments can boost convenience and efficiency—especially for…
Privacy and personalization have become central to digital financial experiences. With more users opting for contactless and cashless…
Meaning Merchant settlement cycle is the time taken by banks or payment systems to transfer collected customer payments…
Definition Mobile recharge via UPI means topping up your prepaid balance or paying your postpaid bill directly through…
Meaning A mandate payment is a pre-approved instruction that allows money to be automatically deducted from your account…
Definition Linked bank accounts are bank accounts connected to a payment app like UPI. This connection allows users…
Meaning Low-value payments are small-sized transactions usually made for everyday expenses. These are quick and often completed without…
Definition Instant settlement means transferring money to the merchant’s bank account immediately after a customer makes the payment.…
Meaning Instant payment refers to money transfers that happen in real-time. Once the transaction is confirmed, the money…
Definition High-value payments are transactions involving large sums, usually above the standard daily limits set by banks or…