UPI

E633200

UPI is an instant real-time payment system developed in India that enables seamless, interoperable bank-to-bank transfers via mobile devices.

All labels observed (1)

Label Occurrences
UPI canonical 6

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf funds transfer system ⓘ
instant payment system ⓘ
mobile payment system ⓘ
real-time payment system ⓘ
abbreviationFor Unified Payments Interface ⓘ
availability 24x7 ⓘ
basedOn Immediate Payment Service ⓘ
countryOfOrigin India ⓘ
currency Indian rupee ⓘ
developer National Payments Corporation of India ⓘ
enables 24x7 payments ⓘ
instant fund transfers ⓘ
interoperability between banks ⓘ
low-value and high-frequency transactions ⓘ
real-time settlement ⓘ
fullName Unified Payments Interface ⓘ
governedBy NPCI regulations ⓘ
Reserve Bank of India guidelines ⓘ
hasFeature API-based integration for third-party apps ⓘ
instant payment confirmation ⓘ
low transaction cost ⓘ
seamless interoperability across banks ⓘ
single mobile app for multiple bank accounts ⓘ
launchDate 2016-04 ⓘ
launchYear 2016 ⓘ
operatedBy National Payments Corporation of India ⓘ
primaryChannel mobile devices ⓘ
smartphone applications ⓘ
regulator Reserve Bank of India ⓘ
sector digital payments ⓘ
financial technology ⓘ
supports Aadhaar-based payments ⓘ
QR code payments ⓘ
UPI PIN authentication ⓘ
bank-to-bank transfers ⓘ
bill payments ⓘ
in-app payments ⓘ
interoperable payments across banks ⓘ
merchant payments ⓘ
mobile number based payments ⓘ
person-to-merchant payments ⓘ
person-to-person payments ⓘ
recurring payments ⓘ
request-to-pay feature ⓘ
virtual payment addresses ⓘ
typicalSettlementTime real-time ⓘ
usedIn India ⓘ
uses UPI PIN ⓘ
mobile application interface ⓘ
two-factor authentication ⓘ
virtual payment address ⓘ

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.