close-button

Sign in

Forgot Password?



Not signed up yet? Sign up now

close-button

Sign up for new account

IBPS Bank PO and Clerk Exam Preparation
IBPS SO
IBPS Bank PO and Clerk Exam Preparation
IBPS PO
IBPS Bank PO and Clerk Exam Preparation
IBPS Clerk
IBPS Bank PO and Clerk Exam Preparation
GMAT
IBPS Bank PO and Clerk Exam Preparation
SSC CGL-1
Railways (RRB) Preparation
Railway(RRB)


Already a member? Sign in now

close button

Forgot Password?



Remember your password? Sign in now

 

Unified Payment Interface to replace Plastic cards very soon in India

Pay_2734728f

The National Payments Corporation of India (NPCI) and software product think tank I- Spirt are ready for the technical launch of a new Unified Payment Interface, that would allow people to people or P2P transactions from any bank account to another, using just a mobile phone app.The system would allow mobile to mobile payments without any bank accounts. In this way, the payments through an Aadhaar number or a virtual address can be made if people feel hesitate from sharing their bank account details. Very soon, carrying multiple plastic cards may be unnecessary when you go shopping as your mobile phone only itself can make you eligible to shop and transact.

Read More At The Hindu

Comment Here

Leave a Reply

Download our Android app to Study Anywhere, Anytime

Studycopter's Android App is used by thousands of users to practice & study for IBPS prelim and mains exams for PO, Clerk, and SO. Get it now to get a top IBPS exam score

TeacherDownload

Like our Facebook page to get exam updates, current affairs, exam tips etc.

Teacher