Introduction Merchant UPI is a digital payment solution used by businesses to receive money from customers through the…

Introduction BHIM is a government-developed UPI mobile application that enables fast, easy, and secure digital payments directly from…

Definition Interoperability in UPI refers to the ability of different UPI apps and banks to work together seamlessly…

Definition Interoperability means that different systems or apps can work together smoothly. In the context of finance, it…

Definition International UPI is an extension of UPI that allows users to make digital payments in foreign countries…

Definition A Failed UPI Transaction means a UPI payment could not be completed successfully. This could happen due…

Definition A Failed Transaction is when a payment doesn’t go through due to reasons like poor internet, technical…

Definition Contactless UPI is a way of making UPI payments without touching any physical device like a POS…

Definition A Collect Request is a UPI feature that allows a user to request money from another user.…

BHIM App stands for Bharat Interface for Money. It is a UPI-based mobile application launched by the Government…