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This is a list of applications supporting the Unified Payments Interface (UPI), an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1]
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Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
Instant payment (sometimes referred to as real-time payment or faster payment) is a method of electronic funds transfer, allowing for almost immediate transfer of money between bank accounts. This was in contrast to the previous transfer times of one to three business days that had been in place until the mid-2010s.
When it comes to getting paid — and paid back — most people and businesses want their money as quickly as possible.
The instant payment network will settle payments in seconds, with the capability to support consumer-to-consumer, consumer-to-merchant, merchant-to-merchant, and bank-to-bank transactions.
Uttar Pradesh Power Corporation Limited (UPPCL) is a state government company, responsible for electricity transmission and distribution within the Indian state of Uttar Pradesh. [1] The incumbent chairman is Dr. Ashish Kumar Goel.
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