Customer Insight Towards UPI Payments

According to the NPCI, "Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing& merchant payments into one hood. UPI's overall importance comes from the intense desire and effort made by the RBI and the government to create a cost effective, simple and safe digital payment system that will be used for the large population of the country. According to the RBI, a digital payment platform should be simple, safe and efficient while carrying out payments. The Unified Payment Interface is a single-interface payment system, developed by the National Payment Corporation of India (NPCI). UPI: Unified Payment Interface is a smartphone application that allows users to transfer money between bank account. It is a platform where customers can link bank accounts held by different banks into a single UPI application and use their registered cellphone number to easily trade between them around the clock.

Autorentext

Dr.P.Manimalathi is currently working as an assistant professor of Economics at Sri Ramakrishna College of Arts & Science, Coimbatore, Tamilnadu. She has eight years of teaching and research experience at the UG and PG levels. She has published five books and 12 research papers in various national and international journals to her credit.

Klappentext

According to the NPCI, "Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing& merchant payments into one hood. UPI's overall importance comes from the intense desire and effort made by the RBI and the government to create a cost effective, simple and safe digital payment system that will be used for the large population of the country. According to the RBI, a digital payment platform should be simple, safe and efficient while carrying out payments. The Unified Payment Interface is a single-interface payment system, developed by the National Payment Corporation of India (NPCI). UPI: Unified Payment Interface is a smartphone application that allows users to transfer money between bank account. It is a platform where customers can link bank accounts held by different banks into a single UPI application and use their registered cellphone number to easily trade between them around the clock.