Glossary
UPI AutoPay
Meaning and Definition UPI AutoPay is a feature that allows users to set up recurring payments through UPI.…
Glossary
UPI Access Control
Meaning and Definition UPI Access Control is a user-level feature that allows people to manage and restrict UPI…
Glossary
UPI Merchant Settlement
Meaning UPI merchant settlement is the process of crediting collected payments from customers into the merchant’s bank account…
Glossary
UPI Payment Confirmation
Definition UPI payment confirmation is the notification received by both payer and payee once a transaction is successfully…
Glossary
UPI Transaction OTP
Definition UPI transaction OTP is a one-time password generated for verifying a UPI transaction. It provides an additional…
Glossary
UPI Tokenization
Meaning UPI tokenization replaces sensitive card or account details with a unique digital token for processing payments. This…
Glossary
UPI Merchant Onboarding
Meaning UPI merchant onboarding is the process of registering a business on a UPI platform to accept digital…
Glossary
UPI Cross-Border Payments
Definition UPI cross-border payments allow international transactions using the UPI system, enabling Non-Resident Indians (NRIs) or international customers…
Glossary
UPI PIN Reset
Meaning UPI PIN reset is the process of creating or updating your UPI Personal Identification Number (PIN) in…
Glossary
Refund Processing
Definition Refund processing refers to the mechanism by which money is returned to a payer after a failed,…