UPI

UPI (Unified Payments Interface) is a real-time digital payment system developed in India that allows you to transfer money instantly between bank accounts using a smartphone. It functions through a mobile app, enabling users to pay for goods and services, send or receive money, and manage transactions securely and quickly without needing cash or card details. UPI simplifies banking by consolidating multiple payment methods into a single platform, making transactions seamless, convenient, and accessible 24/7. It’s like sending an instant digital message that transfers funds directly between bank accounts without intermediaries.