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Reversing UPI transactions on PhonePe, Paytm, Google Pay, and other UPI apps
"UPI Auto-Reversal" system by National Payments Corporation of India (NPCI)
RBI authorizes travelers from G20 nations to make payments in India using UPI
Travel Technology: UPI, a smartphone app, links bank accounts, funds transmission, and merchant payments. The RBI gave foreigners and NRIs visiting India UPI ac
Phonepe Introduces International UPI Payment Services
Users can activate UPI-linked bank account for the international service at the merchant location, or before that
"Single Block, Multiple Debits" feature on UPI introduced for investments and e-commerce.
According to the RBI, money will stay in a customer's account until the actual delivery of goods or services.
6 important tips to remember before making UPI transactions
Users must be cautious and certain while making payments in the digital age, because completing a transaction only takes a single click.
UPI Transaction would Cost Zero Service Charges, Clarifies Government
The Union Finance Ministry has processed that no service fee would be levied on UPI transactions. RBI covers all aspects regarding charges.