UPI 2.0 with Overdraft Support,UPI Mandate,Invoice in Inbox Feature Launched. National Payments Corporation of India (NPCI) on Thursday launched UPI 2.0 in Mumbai as an upgrade to the first iteration of Unified Payments Interface ( UPI ) that debuted in April 2016. The new UPI version has features such as UPI Mandate and Invoice in the Inbox. There are also new security enhancements including Signed Intent and QR that are designed to let customers verify merchants before making any payments. Further, there is an option to attach UPI to an overdraft (OD) account. This comes in addition to the existing saving and current account support. Banks that are on board for UPI 2.0 include State Bank of India (SBI), HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, Yes Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank, and HSBC. Among other new features, UPI 2.0 has enabled customers to have transactions and avail the benefits of cashless and w...
Kevin patel
ReplyDeleteThanks bhai kevin patel
Delete