Unified Payments Interface

GPTKB entity

Predicate	Object
gptkbp:instanceOf	real-time payment system
gptkbp:abbreviation	gptkb:UPI
gptkbp:acceptsPaymentMethod	push pull
gptkbp:access	gptkb:OTP biometric mobile PIN
gptkbp:awarded	gptkb:MeitY_Digital_Payments_Award
gptkbp:countryOfOrigin	gptkb:India
gptkbp:developedBy	gptkb:National_Payments_Corporation_of_India
gptkbp:enables	peer-to-peer payments merchant payments instant money transfer
gptkbp:features	end-to-end encryption two-factor authentication
gptkbp:globalPresence	gptkb:Bhutan gptkb:France gptkb:Mauritius gptkb:Nepal gptkb:Singapore gptkb:Sri_Lanka UAE
https://www.w3.org/2000/01/rdf-schema#label	Unified Payments Interface
gptkbp:integratesWith	gptkb:Bharat_Bill_Payment_System gptkb:IMPS gptkb:RuPay gptkb:Aadhaar gptkb:NACH
gptkbp:launched	2016
gptkbp:monthlyTransactionValue	over Rs 15 lakh crore (2023)
gptkbp:monthlyTransactionVolume	over 10 billion (2023)
gptkbp:regulates	gptkb:Reserve_Bank_of_India
gptkbp:supportedBy	gptkb:PhonePe gptkb:BHIM gptkb:Google_Pay gptkb:Amazon_Pay gptkb:Paytm gptkb:WhatsApp_Pay many Indian banks
gptkbp:supports	multiple bank accounts
gptkbp:supportsLanguage	multiple Indian languages
gptkbp:transactionLimitPerDay	Rs 1 lakh
gptkbp:transactionLimitPerTransaction	Rs 1 lakh
gptkbp:uses	QR code mobile number Virtual Payment Address account number and IFSC
gptkbp:website	https://www.npci.org.in/what-we-do/upi/product-overview
gptkbp:bfsParent	gptkb:UPI gptkb:Tez gptkb:India_Stack
gptkbp:bfsLayer	6