PRESENTATION ON

UPI Technology

Presented by-Sanjay Kumar Chauhan

CONTENTS-
Introduction
How work it?
Enable UPI IN Phone
Features of UPI
Advantages
Disadvantage
Conclusion
 Introduction
UPI was launched on 11th April 2016 by ex-RBI governor Shri Raghuram Rajan, and was
publicly available from 25th August 2016.

UPI was developed by the National Payments Corporation of India (NPCI).

UPI stands for Unified Payments Interface.

UPI is a system that allows you to transfer money between bank accounts using a single
mobile application Like Google pay, Phone pay etc.
You can send or receive money or scan a QR code to pay a person, a merchant.
How work it?
Simple enabling steps UPI
 Features of UPI
UPI payments are very fast and typically payment can be completed within seconds.

Almost every bank allows UPI transactions through mobile applications.

These mobile payment applications also offer the facility of bill payments.

Payments can be made 24×7.

Payments are completely safe.

It’s completely free!

 Advantages of UPI
Cash-free transactions.

Cashless way of payments.

Simple and Fast.

Safe and secure.

24*7 service.
 Disadvantage

There can be delays in payments due to network or bank server

issues.
Deducted money can take up to 48 hours to be credited again in case of
a failed transaction.

The 6-digit PIN may not be strong enough to prevent unauthorized

access or fraud.
 Conclusion

UPI has revolutionized the way financial transactions occur in India.

Free of cost mean no extra charge using UPI.

Globally accepted UPI.

Easy way to transfer money.

Thank You!