A detailed explanation of what UPI, India's local payment, is www.deekpay.com

IndiaWhat is UPI?? It is.Unified Payment Interface of IndiaShort for Unified Payment Interface, it is an instant real-time payment system developed by the National Payments Corporation of India (NPCI) to facilitate inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by transferring money instantly between two bank accounts on a mobile platform. As of March 2019, UPI now has a monthly transaction volume of 799.54 million transactions valued at $1.334 trillion ($19 billion) UPI is a direct consolidation of the cumbersome information that was previously required to be filled in to transfer money into a single string ID, without having to enter a bank card number, etc. This UPI ID can be a person's name, ID card number, mobile phone number, email address, any string, etc.

UPI Key Features:

Buyer Payment Process:

Consumers log on to iMobile/Pockets and select "UPI"as a method of payment. Enter the VPA, amount and notes for verification (if there are multiple accounts/virtual payment addresses, select the VPA you want); Click on the payment option and enter the PIN; Transaction completed;

Industry Case:

Indian e-commerce marketplace Shopclues Product: Discount website, famous in India for its "wholesale products". Website:shopclues.com/

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How to access UPI Payments India?

Supporting overseas local payments has become one of the most important ways to gain access to overseas users, making it easy to pay without having to change your payment habitsTo find out how to access India's local payments UPI, visit us atofficial websiteOnline enquiry, no rejection support, no monthly fee, no annual fee, support for companies and individuals, application only takes 1-2 working days.

Atpay - we are a professional provider of payment solutions and have been deeply involved for many years inIndia PaymentsWe have successfully provided payment functions for countless customers at home and abroad. We are fully confident in payment integration and high-risk payment processing, and welcome inquiries and exchanges.