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Day: August 17, 2018

National Payments Corporation of India NPCI  launched UPI 2.0

The National Payments Corporation of India (NPCI)  launched Unified Payments Interface (UPI) 2.0, which among others allows customers to link their overdraft account to UPI, the creation of one-time mandates and pre-authorisation of transactions for payment at a later date, and checking the invoice sent by merchant prior to making payment.UPI is a system that powers multiple bank accounts into a single mobile application of any participating bank merging several banking features, seamless

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