Cryptocurrency Q&A
How does UPI work?
How does UPI work?
Carlo
Wed Nov 20 2024
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5 answers
1421
I want to understand the working mechanism of UPI. How does it facilitate payments and what are the steps involved in its process?
5 answers
CryptoWanderer
Fri Nov 22 2024
When a user wishes to send money, they utilize a UPI-enabled application. Within the app, they choose the 'Pay' option.
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CryptoQueen
Fri Nov 22 2024
After selecting 'Pay', the user inputs the recipient's details and their own UPI pin. This step is crucial for authenticating the transaction.
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Martino
Fri Nov 22 2024
The Unified Payments Interface (UPI) facilitates transactions through an intuitive mechanism.
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DaeguDivaDanceQueenElegantStride
Fri Nov 22 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures, and wallet management. These services cater to the diverse needs of crypto enthusiasts and investors.
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MysticGalaxy
Fri Nov 22 2024
The core of UPI's operation lies in its PUSH and PULL functionality. This allows users to seamlessly send and receive money.
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