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UPI


Unified Payments Interface, popularly known as UPI, is a well-known interface for everybody these days.

It's main goal is to provide an easy interface for all types of financial transactions and to increase promising cash-less transactions.

Unified payments interface application is developed by National Payments Corporation of India (NPCI).

This is a special branch of Reserve Bank of India (RBI) and is under the control of Finance ministry of the Indian Government.

Other famous platforms like

=> Rupay

=> Fast tag

=> BHIM

=> BharathQR code

and many more are introduced by this NPCI division to make financial life of common people more easier.

UPI was introduced on 11 April 2016 by Dr. Raghuram Rajan, Governor of RBI.

From then it has been an easy platform making a lot of financial transactions easy.

It brought all the bank features into our smart phones and makes it happen in minutes of time.

With one single UPI app, we can have access to different bank accounts.

Also, these days we can use them in many other ways. Paying bills of mobile, electricity and a lot more became easy.

There are different UPI apps:

  • BHIM

  • Google pay

  • Phonepe

  • Paytm

  • Amazon pay

  • MobiKwik

These are some UPI apps which are well-known and are easy to use. They provide a wide range of services and make life more easy and digital.

They are attracting more and more users with kinds like coupons, cashbacks, discounts and promo codes. These are increasing the flow of UPI usage and digital marketing.

Though there are chances for scamming, these are getting improved day-by-day assuring more transparency about our accounts and secure transactions.

Be cautious, and have a smooth business flow of UPI.


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