UPI

UPI stands for Unified Payments Interface, a real-time payment system developed by the National Payments Corporation of India. It allows users to instantly transfer funds between bank accounts using their smartphones. UPI has revolutionized the way people make payments in India, providing a seamless and secure platform for transactions. With UPI, users can make payments, split bills, pay utility bills, and even make online purchases without the need for cash or card transactions. It has gained immense popularity due to its convenience, speed, and accessibility, making it a preferred choice for digital payments in India.