INTRODUCTION

Overview

You can send the UPI Payment Links as URLs to your customers to accept UPI payments. When the customers click on the URL, a list of UPI apps installed on their mobile device is displayed. Customers can select the UPI app of their choice to complete the payment.

Specifications

UPI’s core function is to support easy and secure money transfers between bank accounts. It does this by adding multiple bank accounts into a single mobile application, allowing for seamless fund transfers and merchant payments from one place. It also enables ‘peer to peer’ and ‘peer to merchant’ collection requests, which can be scheduled and paid as requested.

The UPI is said to be a safe and secure method of transferring money between two parties and eliminates the need to transact with physical cash or through a bank. BOS observes the market trend the offers properly defined solutions to the market for consumption.