SSC CGL Typing Test 11 : Free Online Practice Tool & Expert Guide
SSC CGL Typing Test 11 : Free Online Practice Tool & Expert Guide
The Unified Payments Interface, or UPI, represents one of the most significant advancements in India's journey towards a digital economy. Launched by the National Payments Corporation of India, this instant real-time payment system has completely revolutionized the way people transact money. It has successfully created a simple, secure, and seamless platform that enables users to transfer funds between bank accounts using just a smartphone. The rapid and widespread adoption of UPI by millions of Indians, from urban professionals to small street vendors, has been a key driver in the nation's move towards a less-cash society and has set a global benchmark for digital payment systems.
The core strength of UPI lies in its simplicity and interoperability. Unlike previous digital payment methods that required complex details like bank account numbers and IFSC codes, UPI allows users to send and receive money using a unique Virtual Payment Address, or VPA. This feature not only m…