Definition Interoperability means that different systems or apps can work together smoothly. In the context of finance, it…

Definition International UPI is an extension of UPI that allows users to make digital payments in foreign countries…

Definition A Failed UPI Transaction means a UPI payment could not be completed successfully. This could happen due…

Definition A Failed Transaction is when a payment doesn’t go through due to reasons like poor internet, technical…

Definition Contactless UPI is a way of making UPI payments without touching any physical device like a POS…

Definition A Collect Request is a UPI feature that allows a user to request money from another user.…

BHIM App stands for Bharat Interface for Money. It is a UPI-based mobile application launched by the Government…

Definition Voice-Based Transactions are financial operations carried out using voice commands on mobile apps or smart devices. Usage…

Meaning UPI 2.0 stands for Unified Payments Interface 2.0. UPI 2.0 is an upgraded version of the original…

Meaning Auto Debit is a banking facility where money is automatically deducted from your account on a set…