Definition E-RUPI is a digital voucher system launched by the Government of India. It delivers prepaid, purpose-specific vouchers…

Definition E-Mandate is an electronic authorization that allows businesses or banks to automatically debit a customer’s bank account…

Definition E-KYC stands for Electronic Know Your Customer. It is a paperless process used to verify a person’s…

Meaning A Digital Wallet is a virtual tool that stores your money and payment details like bank account…

Definition A Digital Signature is an electronic method of signing documents that confirms the sender’s identity and ensures…

Meaning Digital Onboarding is the process of registering new customers or users to a digital platform or financial…

Meaning TPAP stands for Third Party App Provider. It refers to non-bank apps that offer UPI services to…

Meaning A Transaction Reference Number (TRN) is a unique ID generated for every UPI transaction to help track…

Definition The refund process in UPI refers to the steps taken to return money to a user after…

Introduction P2P (Peer-to-Peer) transactions are digital payments made between two individuals using UPI. Definition The definition of P2P…