RBI announces single-block-and-multiple debit in UPI
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Home News RBI announces single-block-and-multiple debit in UPI
The function is anticipated to considerably improve the simplicity of payments in the e-commerce sector and towards investments in securities. Soon, RBI will issue separate directives to NPCI.
A client might create a payment mandate against a merchant by setting aside money in his or her bank account for a specific purpose that could be debited whenever necessary.
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