UPI
Gain access to shoppers on UPI
Introduction
UPI (Unified Payments Interface) is an instant real-time payment system developed by the National Payments Corporation of India (NPCI), launched in 2016. As a revolutionary payment method, UPI allows users to perform instant fund transfers across banks through a single mobile application. UPI supports various payment scenarios, including person-to-person transfers, merchant payments, and bill payments. It is characterized by its speed, security, and ease of use, with transactions completed using just a phone number or a virtual payment address. For merchants operating in the Indian market, integrating UPI payments is crucial as it can significantly enhance payment efficiency and user experience.
Basic information
Properties
| properties | UPI | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Payment Category | APM | ||||||||
| Payment Type | Bank Transfer | ||||||||
| Supported Regions | IN | ||||||||
| Payment Method | ["UPI"] | ||||||||
| Supported Currencies | ["INR"] | ||||||||
| Settlement Cycle | Settlement cycle | ||||||||
| Limit |
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| Refund |
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| Tokenization |
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| 3DS | |||||||||
| Capture | |||||||||
| Recurring | |||||||||
| Chargeback/Dispute | |||||||||
| Integration Capabilities |
Properties