December 2, 2021

You’ve got questions, we’ve got answers.

UPI ( Unified Payments Interface ) – What Is It?What does it really mean

UPI (Unified payment interface) is a type of payment method which provide the easiest way to send and recieve the money in just one click .without any additional charges at zero rs cost deduction.Most of the people use these method in nowdays . It also caters to the “Peer to Peer ” collect request Which can be scheduled and paid as per requirement and convenience.


  • Immediate money transfer throught mobile round the clock 24*7 and 365 days

  • Fast and secure mobile application

  • Transaction is on real time.

  • Best answer to cash on delievey hassle

  • Marchant payment is single mobile application.

  • Donation ,collection ,Disbursments scalable.

  • Much much better than NEFT,RTGS,IMPS methos.

  • Suitable to use and friendly interface

Participants in UPI:

  • Payer psp

  • Payee PSP

  • Remitter Banks

  • NPCI

  • Bank account holders

  • Merchants

Transaction costs:


  • NIL to customer by most banks

  • Customer pays of data charges

Key features :

  • Transfer mode of transferring money is MPS which is much much fater than NEFT .

  • Use single mobile applications to access all the back account .

  • UPI uses virtual payment address which is given by the bank .

  • UPI service is provided by all the banks by its own UPI application or the app  officialy released by the the govt. to for doing transactions.

  • Best for doing merchant payment ,utility bill payments,in-app payments ,OTC payments and barcode based payments

  • 24*7  365 days helpline center available