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This is a list of applications supporting the Unified Payments Interface (UPI), an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1]
The NPCI website lists the banks that facilitate UPI, [77] termed as Payment Service Providers (PSP) – listed with their UPI application and handle – and issuers. [77] PSP includes banks which have their own mobile application to facilitate transaction and issuers include banks which don't have their own payments interface and rely on third ...
by health plans to coordinate benefits with other health plans; by health care clearinghouses in their internal files to create and process standard transactions and to communicate with health care providers and health plans; by electronic patient record systems to identify treating health care providers in patient medical records;
NPCI has categorised members of NACH system in three entities: Sponsor banks are allowed to originate transactions the system required, they have a mutual agreement with NPCI and also are members of any payment system approved by the Reserve Bank of India .
Upon registration, both the individuals are issued an MMID (Mobile Money Identifier) Code from their respective banks. This is a 7-digit numeric code. To initiate the transaction, the sender in his mobile banking application need to enter the registered mobile number of the receiver, MMID of the receiver and amount to be transferred.
These numbers fell again on Dec. 30, 2014, with the inclusion more recent data adding more than 1,600 inspections. This tool was also updated to allow users to search for a hospice by name and to more clearly label building code violations.
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
BHIM (Bharat Interface for Money) is an Indian state-owned mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). Launched on 30 December 2016, [ 1 ] it is intended to facilitate e-payments directly through banks and encourage cashless transactions.