Classified Ads in New YorkBusinessBanking and FinanceSell

$400 093.00

UPI 2.0 Launched, Know Key Features of UPI 2.0

17 August 2018

Price $400 093.00
Unified Payment Interface is a real time payment system that helps to transfer funds instantly between two banks with the help of mobile phone.
Ever since the launch of UPI in August 2016, the face of digital payments has changed vigorously. Today, UPI has become the most preferred mode of payment. Let us dive deep and understand what UPI 2.0 has to offer.

Key Features of UPI 2.0

Secure QR-code payments
The QR-core on UPI 2.0 will include a certificate which will ensure that the money has been transferred in the right account.
Overdraft facility
This feature will enable merchants to take credit using their overdraft account for making a transaction.
Sending an invoice
An invoice of the purchased product can be generated and sent to the customer.
Transaction limit Increased
UPI 2.0 has doubled the transaction limit to Rs. 200,000.
Amount blocking
UPI 2.0 allows you to block funds for future use.

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