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What is UPI?

Thursday, December 8, 2016, 6:23 AM

UPI is a payments system, just like a cheque, debit card or a mobile wallet. Using UPI, you can transfer money between any two bank accounts, just by using your smartphone. Using UPI you (customer), can pay different merchants, directly from your bank account, without the headache of typing credit card details, IFSC code or having to remember net banking or mobile wallet passwords.
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