UPI
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Explore more → **UPI**
What is UPI?
Unified Payments Interface (UPI) is a real-time payment system in India that facilitates instant fund transfers between two bank accounts on a mobile platform. It is commonly used for peer-to-peer (P2P) transactions, merchant payments, and bill payments. UPI enables users to link multiple bank accounts to a single mobile application and make payments using virtual payment addresses (VPAs), QR codes, or account details.
What other technologies are related to UPI?
UPI Competitor Technologies
IMPS
IMPS is an instant payment service, similar to UPI, enabling real-time fund transfers. Therefore it is a competitor.
NEFT
NEFT is a national electronic funds transfer system. While not instant, it serves a similar purpose to UPI for transferring funds, making it a competitor.
NACH
No summary available
NACH is a bulk payment system used for recurring payments. It provides similar functionality for certain use cases, making it a competitor.
RTGS
RTGS is a system for real-time gross settlement of large-value transactions. It can be used for transferring funds and hence is a competitor.
Mastercard
Mastercard is a payment network that offers alternative payment methods that competes with UPI.
VISA
VISA is a payment network that offers alternative payment methods that competes with UPI.
UPI Complementary Technologies
BBPS
BBPS is a bill payment system that can be integrated with UPI for payment collection, making it complementary.
HSM
HSM (Hardware Security Modules) can be used to securely store cryptographic keys used by UPI systems, making them complementary.
PCI DSS
PCI DSS is a security standard relevant to payment processing. UPI solutions need to be PCI DSS compliant, therefore it is complementary.
Number of organizations that mention technology
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Which job functions commonly mention UPI?
Test Engineer
75 Test Engineer jobs mention UPI
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jobs on Sumble
Hardware Engineer
34 Hardware Engineer jobs mention UPI
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jobs on Sumble
Product Manager
81 Product Manager jobs mention UPI
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jobs on Sumble
Product & Design
93 Product & Design jobs mention UPI
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jobs on Sumble
Engineer
282 Engineer jobs mention UPI
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jobs on Sumble
Which organizations are mentioning UPI?
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