UPI is regulated by the National Payments Corporation of India (NPCI). UPI was launched in India on April 11, 2016. It was launched by the Reserve Bank of India (RBI) and NPCI in collaboration with various banks and payment service providers. What is UPI ? Full Form & Meaning UPI stands for Unified Payments Interface. It is a real-time payment system developed by the National Payments Corporation of India (NPCI) and regulated by the Reserve Bank of India (RBI). UPI allows users to: Link multiple bank accounts in one mobile application. Transfer funds instantly between banks using ... What is the full form of UPI? The term UPI stands for Unified Payments Interface . It is a real-time payment system in India that enables users to transfer money instantly between bank accounts through a mobile application. UPI Full Form: Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It enables instant money transfers between bank accounts through a mobile platform.
