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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

The Unified Payments Interface (UPI) is a game-changer technology for digital payments, allowing users to make instant payments, check account balances, and manage multiple bank accounts in a single app. Users are required to enter their unique Mobile Personal Identification Number (MPIN) to validate the transaction.

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What is Payment Security? Actionable Guide to Securing Your Online Payments

Razorpay

Payment security refers to the processes and practices used to safeguard financial transactions, funds and personal information of clients from threats like online and offline payment fraud, unauthorized access, and data breaches. You have the right to dispute suspicious charges on your card or accounts.

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What is the Difference Between Invoice and Bill?

Razorpay

Knowing the difference between an invoice and a bill helps business owners and financial professionals streamline their accounting processes and avoid confusion. Maintaining Records Invoices provide a detailed account of sales transactions, helping you track your income and manage financial records accurately.

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UPI vs UPI Lite: Key Differences Explained

Razorpay

Unified Payments Interface (UPI) and UPI Lite are digital payment systems designed to simplify transactions in India. While UPI allows you to send and receive money directly from your bank account, UPI Lite focuses on smaller transactions, enhancing speed and convenience. 1,000 per transaction; 4,000 per day. What is UPI?