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easyMCQCompetitive Exam2026General Awareness
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UPI is a system that powers multiple bank accounts into a single mobile application. What is the full form of UPI?

  1. A
    Unified Payments Interface
  2. B
    Universal Payments Interface
  3. C
    User Pay Interpretation
  4. D
    User Payments Interface

Solution & Step-by-step Explanation

The full form of UPI is Unified Payments Interface.
It is an instant real-time payment system developed by the National Payments Corporation of India (NPCI) to facilitate inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.

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UPI is a system that powers multiple bank accounts into a single mobile application. What is the full form of UPI?
A
Unified Payments Interface
B
Universal Payments Interface
C
User Pay Interpretation
D
User Payments Interface

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Banking and FinanceAbbreviationsDigital Payments

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