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Digital Transactions through Unified Payments Interface

  • Published
    19th Nov, 2021

Explain the reasons behind Unified Payment Interface transactions have increased in India. Also, analyse its impact on Indian consumers. (250 Words)

Approach:

  • Introduce by giving a definition of Unified Payment interface
  • Enumerate the reasons behind increase in UPI transactions
  • Enumerate the positive impact of UPI on consumers
  • Enumerate the negative impact of UPI on Consumers
  • Way forward and Conclusion
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