Context
The Union Cabinet approved an outlay of ?2,600 crore to promote payments using RuPay cards and the Unified Payments Interface (UPI).
Background:
About
About the initiative:
The National Payments Corporation of India was recently introduced to reduce the load on banking networks for small transactions, and to allow payments over older feature phones, respectively. |
What is digital payment system?
Different digital payment modes in India:
Verifying, please be patient.