Cryptocurrency Q&A
What is the difference between currency and UPI?
What is the difference between currency and UPI?
Michele
Tue Nov 19 2024
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8 answers
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I want to understand the distinction between currency, which we commonly use for transactions, and UPI, which I have heard about in the context of digital payments. Could someone clarify this for me?
8 answers
SeoulSerenitySeeker
Thu Nov 21 2024
The main function of Digital Rupee is to maintain value equivalence with physical currency.
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NebulaNavigator
Thu Nov 21 2024
On the other hand, UPI operates as a payment system in India.
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CryptoAce
Thu Nov 21 2024
Digital Rupee exists in a digital format.
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NebulaPulse
Thu Nov 21 2024
With UPI, users can transfer funds instantly from one bank account to another.
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Sara
Thu Nov 21 2024
UPI is widely accepted across India and is integrated with various banking institutions.
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