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NPCI enhances UPI 2.0, allows customers to make recurring payments

NPCI is also working on proximity payment option for the platform where one can make payments from a mobile phone that uses near-field communication technology

Topics
NPCI | UPI 2.0 | Digital Payments

Nidhi Rai  |  Mumbai 



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UPI is an inter-bank fund transfer mechanism run by the NPCI and enables instant fund settlement through a smartphone.

The National Payments Corporation of India (NPCI) is working on enhancing UPI 2.0, which is an upgrade of Unified Payments Interface (UPI), by adding a slew of features to the platform. The team made a presentation of the new value-added service at the India FinTech Forum.

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First Published: Fri, November 29 2019. 17:50 IST

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