What is UPI and How it Works ?
There was a Time 9-10 years back when the Shopkeeper or the Customer does not have a Change( Chhutta) in their pocket. Sometimes we buy a product of 10-20rs and give the shopkeeper a big note of 100 or 500rs but they do not have change amount to return us( bhaiya chhutta nahi hai ). Similarly if we urgently want to send someone money then we have to go to the bank standing in long queue or sometimes if we want urgent money then we have to wait for a long time for the money to get credited in our account. There was a time when transactions were made via cheque, deposit form, or ATM machine and if the transaction went unsuccessful due to any technical or mechanical fault then again we have to complain to the bank and get our problems solved which takes a lot of time, sometimes the bank employee is absent or the bank is closed due to certain reasons or the employee is not listening to our problems we get hesitated so much. But after the introduction of UPI(Unified Payments Interface) in