New to UPI? Don’t worry! This video takes you through the ABC of UPI — from setup to seamless payments 📲💳 Watch, learn & go cashless with confidence 🚀✨ #UPI #DigitalPayments #CashlessIndia #Fintech #DigitalIndia | Digital India

UPI or the Unified Payments Interface is a story of the digital payments revolution in India. From 2016 to 2023, UPI is a success story that is being acknowledged and adopted globally. In this week’s episode of TOI Business Bytes, Praveena Rai the Chief Operating Officer of NPCI tells us about the transaction volume and value of UPI, its growing popularity in the country, the road ahead for a “less-cash” economy and the RuPay credit and debit cards. UPI, RuPay and the BHIM app all come under the

“UPI fraud ho gaya” - but is the UPI system actually unsafe? At the recent Conference on ‘Tackling Cyber-Enabled Frauds & Dismantling the Ecosystem’, we spoke with Mr. Hardik Dixit, Head, Fraud Risk Management at NPCI, to understand whether the issue lies in the payment system or in user manipulation. He mentioned that •UPI follows RBI-mandated two-factor authentication •Payment happens only when the user enters their UPI PIN •When scanning a QR code, the beneficiary’s registered name is clearly