Universal Payments Interface is a new technology launched to make transactions quicker, secure and universal.
But how does it do that? Lets see!
1. A virtual wallet!
2. One-click payments right through an app on your mobile phone!
3. Negligible transaction cost.
4. Secured end to end.
5. Easy splitting and sharing.
6. All you need to have is an Aadhar ID and you can transfer universally whereas mobile wallets cannot.
Innovations on top of UPI will be plenty thanks to the growing smartphone userbase in India.
So its goes without saying that UPI is the next big thing in Payments!
Some of our upcoming events:
UPI — The next big thing in payments event here — 26th June | 4pm to 7pm.
Wordpress for beginners — 26th June | 10 am to 4pm.
Android Design Library — 2nd June | 10 am to 4pm.
Parse Workshop — 10th July | 10 am to 4pm.
Blog credits : Nitin Joseph