UPI 2.0 - a revoution in mobile payments industry

BUSINESS & MANAGEMENT

7/26/20251 min read

UPI 2.0 is all set to take the mobile payments industry to the next level! In August 2018, the upgraded framework for facilitating real-time payments over mobiles introduced four new key features. These are as follows: Linking of overdraft account to your UPI ID, Ability to check vendor invoices before making payment, Blocking funds on your UPI ID and paying them at a later point in time and Payment via QR code scanning.

Given below is a link to the article that elaborates on these four new features.

https://www.inventiva.co.in/2018/08/16/upi-2-0-has-been-launched-by-npci-checkout-4-stunning-features/