Question Paper from: IBPS RRB PO Mains 2017

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. Which of the following is not correct about UPI?

Account details of the recipient
Utility Bill Payments, Over the Counter Payments, Barcode (Scan and Pay) based payments.
Merchant Payment with Single Application or In-App Payments.
The best answer to Cash on Delivery hassle, running to an ATM or rendering exact amount.
Immediate money transfer through mobile device round the clock 24*7 and 365 days.
Chapter Name: Banking Awareness

This has been asked in Question Paper

IBPS RRB PO Mains 2017


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