Glossary
USSD Payments (*99#)
Full Form & Meaning USSD stands for Unstructured Supplementary Service Data. USSD Payments (*99#) allow mobile banking without…
Glossary
Unified Grievance Redressal
Definition Unified Grievance Redressal is a system that helps customers raise and track complaints related to digital payments…
Glossary
Virtual Card
Meaning A Virtual Card is a digital version of a debit or credit card created for secure online…
Glossary
Two-Factor Authentication
Meaning Two-Factor Authentication (2FA) is a security process that requires two verification steps to complete a transaction. How…
Glossary
Beneficiary
Meaning A Beneficiary is the person or entity who receives money or benefits from a transaction, insurance, or…
Glossary
Robo-Advisory
Definition Robo-Advisory refers to digital platforms that use algorithms and artificial intelligence to provide financial advice or investment…
Glossary
QR Code Payments
Meaning QR Code Payments refer to digital transactions made by scanning a Quick Response (QR) code with a…
Glossary
QR Code Scanner
Definition A QR Code Scanner is a tool or mobile feature that reads QR codes for making payments…
Glossary
Recurring e-Mandate
Full Form & Meaning An e-Mandate (Electronic Mandate) is an online standing instruction set up by customers to…