At one time people in the country were very afraid of doing online transactions. At the same time, after the arrival of UPI, a big revolution has been seen in the field of digital transactions in the country. In today's time, a large-scale digital transaction is happening through UPI every day. At present, big e-commerce companies to small shopkeepers are also connected to the UPI network. UPI has made digital payment very easy. For this reason, UPI has proved to be successful in India.
After seeing the success of UPI in India, many other countries are also planning to adopt a payment network like UPI. UPI has been developed by the National Payments Corporation of India (NPCI). Today, crores of people in the country are using UPI. At the same time, do you know about some special features of UPI? If not, then today we are going to tell you about this. Let's know -
UPI Lite
If you use UPI, then you should know about UPI Lite. You can make payments without entering a password with the help of UPI Lite. With the help of UPI Lite, you can make payments of up to Rs 1 thousand. UPI Lite also works in offline mode.
Real-Time Money Transfer
The most special thing about UPI payment is that with its help you can do 24/7 real-time money transfer. The moment you send money to the account of the concerned person, the money gets transferred to his bank account at the same time. This is very beneficial in day-to-day transactions or in times of emergency.
Secure transactions
With the help of UPI, secure transactions can be done. It uses two-step authentication. UPI connects the mobile PIN with the virtual payment address. Due to this, you do not need to share important information like the IFSC code.
Apart from this, you get better encryption in it, due to which you can easily make UPI payments without falling prey to any fraud.
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