Friday, 15 July 2016

What is Unified Payments Interface (UPI)

Dear MM Expert Readers. Good News for you that today mm team introducing about new system for Cashless Payments called Unified Payments Interface (UPI) : New System For Cashless Payments. This is very important topic in Banking Awareness and Interview Preparation for bank Exams section. भारतीय राष्ट्रीय भुगतान निगम. Official Slogan of UPI system is Less cash more digital. UPI was launched by National Payments Corporation of India with Reserve Bank of India's vision of migrating towards a 'less-cash' and more digital society.

The Reserve Bank of India (RBI) has launched a new universal cashless system that allows you to make payments using your smartphone. This is important point according to examination that Reserve Bank of India Governor Raghuram Rajan launched the Unified Payments Interface (UPI).



You can check complete details about UPI in PDF - Click here

What Is UPI?

Key Points of UPI 

How does it work?


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