Definition A UPI Merchant ID is a unique identification number assigned to each merchant using UPI for payments.…

Meaning UPI bank settlement is the process through which banks process UPI transactions and transfer funds from payer…

Definition A UPI Transaction ID is a unique number generated for every UPI payment. Meaning of UPI Transaction…

Definition UPI Failed Status Codes are error codes generated when a UPI payment does not go through. Meaning…

Meaning of MDR MDR stands for Merchant Discount Rate. MDR is the fee charged to merchants for accepting…

Definition An Overdraft Account Link allows a customer to connect their overdraft account with UPI or a debit…

Definition UPI merchant dashboard is an online interface provided by banks or payment platforms for merchants to monitor…

Definition IFSC stands for Indian Financial System Code. IFSC Code is a unique alphanumeric code used to identify…

Meaning Floating Rate is an interest rate or return that adjusts automatically according to market trends, similar to…

Definition A Floating Interest Rate is a loan or deposit interest rate that changes periodically based on market…