Stay updated with breaking news from Upi Ids. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
On April 17, One97 Communications Limited (OCL), which runs Paytm, started the customer migration to partner with payment service provider (PSP) banks Axis Bank, HDFC Bank, SBI and Yes Bank.
Transfer of money to wrong UPI number: There might be a situation when a particular mobile number which was linked with unified payment interface (UPI) got deactivated and got allocated to another individual who in turn has linked the said mobile number with his bank account. This can result in unintentional transfer of money to another individual.
Important financial tasks to complete before the December 31 deadline
The process of deactivation will be done by the third-party application providers and PSP which will identify UPI IDs and associated UPI numbers and phone numbers of customers who have not carried out any transaction for one year from their UPI ID.
This article discusses the concept of Smart Routing in UPI transactions. Smart Routing is a feature that improves the success rate of payments by rout