Glossary
Fixed Deposit (FD)July 21, 2025

Definition A Fixed Deposit (FD) is a bank investment where a lump sum is deposited for a fixed…

Glossary
UPI App RegistrationJuly 21, 2025

Definition UPI App Registration is the process of setting up a new UPI account in a mobile application.…

Glossary
UPI Retry NotificationJuly 21, 2025

Meaning UPI Retry Notification informs users when a previously failed transaction can be retried. Purpose It prevents duplicate…

Glossary
UPI Transaction ReversalJuly 21, 2025

Definition UPI Transaction Reversal is the process of returning money to the payer’s account for a failed or…

Glossary
UPI Payment ValidationJuly 21, 2025

Meaning UPI Payment Validation checks the transaction details, account information, and UPI PIN before approving a payment. Purpose…

Glossary
UPI Payment RetryJuly 21, 2025

Definition UPI Payment Retry allows users to reattempt failed transactions without starting over from scratch. Caution If the…

Glossary
UPI Payment FailureJuly 21, 2025

Meaning UPI Payment Failure occurs when a transaction cannot be completed due to insufficient balance, incorrect PIN, or…

Glossary
UPI Dynamic QR PaymentJuly 21, 2025

Definition UPI Dynamic QR Payment uses QR codes that generate a unique code for each transaction. Advantage Dynamic…

Glossary
UPI Transaction QueueJuly 21, 2025

Meaning UPI Transaction Queue is a temporary line-up of pending transactions waiting to be processed by banks. Purpose…