UPI based payments have seen significant growth in India in the last few years. Read on to know how this digital payment system works.
What Is A UPI ID? How Does It Work?
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How Are Digital Payments Revolutionizing Money In India?
Cash has become obsolete; thus, sellers and buyers wanted secure and convenient payment options. This is where digital payments came into play, allowing inclusive growth of the economy as a whole.
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Big Push for Small Businesses: Receive money 24*7 through NEFT
To boost digital payments and settlement systems, the Reserve Bank of India made the National Electronic Funds Transfer (NEFT) facility available 24×7 from December 16, 2019. In line with the government’s…
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