1.

Mention the advantages of UPI?

Answer»

1. Immediate money transfers through mobile device round the clock 24 × 7.

2. Can use single mobile application for accessing multiple bank accounts,

3. Single Click Authentication for transferring of fund.

4. It is not required to enter the details such as Card no, Account number, IFSC etc. for every transaction.

5. Electronic payments will become much easier without requiring a digital wallet or credit or debit card.



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