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Unified Payment Interface Launched. How It Will Change Mobile Payments
12 Apr 2016, 11:19 AM IST i

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Launching the new platform, RBI Governor Raghuram Rajan (centre) said that it will empower users to perform instant push and pull transactions seamlessly.
The National Payments Corporation of India has launched the Unified Payment Interface (UPI), which experts say has the potential to revolutionise mobile payment system in the country. NPCI is the umbrella organisation for all retail payment system in India.
The biggest benefit of Unified Payment Interface is that it will be a single app for accessing different bank accounts. And anyone using the interface for sending or receiving m...
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