Subject:
Single UPI Platform for all bank
A single UPI platform is being developed for all banks as against the existing sytem of individual platform.
the new payment method, mobile phones will be used as virtual debit cards and a customer will be able to send
or receive money instantly along wih other features. It has been observed that more and more people have started
using e-payment means including digital wallets for making payments for various transactions. There are about 4
40,00,00,000 smartphones while e-wallets have risen to 23,00,00,000.
Sunder Thadani.20161205.
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