• Post 13: The New UPI Rules: Streamlining Digital Transactions.

    𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚 had notified on 25th May this year about issuance of 𝐆𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐨𝐧 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐈𝐧𝐭𝐞𝐫𝐟𝐚𝐜𝐞, commonly referred to as UPI. It further notifies on 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐢𝐧𝐠 𝐈𝐧𝐭𝐞𝐫𝐟𝐚𝐜𝐞 (API) [APIs allow various entities, such as banks, payment service providers (PSPs), merchants, and third-party applications, to connect securely with the