How UPI payment works? | Transaction Flow of UPI | All about UPI | 2021

#UPI #UPIPayment #UPIPayments #DigitalPayments #UnifiedPaymentInterface #UPITransactionFlow
Hello Everyone!
Hope you are doing great. I have made this video to make you all understand the basics of UPI.
In this video, the following parts are covered:
1. What is UPI?
2. Technology used in UPI
3. Bifurcation & types of UPI transactions
4. Different parties involved in a UPI transaction
5. UPI Transaction flow
6. Have covered up the questions asked on my LinkedIn post.
I hope you all will find this informative. If yes then please SUBSCRIBE the channel. LIKE and COMMENT as well.
SHARE this video to maximum people for sharing the knowledge of UPI.
Take Care and Stay Safe.
Best Regards,
Namrata Singh

[@learningfintech]

If this video has helped you out in anyway then can you all please put this link in your whatsapp status. Will help to increase the reachability. As really have done a lot of hard work to make this video. Link is: kzbin.info/www/bejne/bJSQgJesotllsLM

[@kabirsaheb7861]

Hello ma'am.. I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅

[@kalyanikuvar5005]

Thank you for detail information about the UPI

[@shivakrishna9170]

Very basic knowledge on upi transaction flow.. Thanks for the information Namrathaji.. Currently I'm working on UPI IMPS for ICICI...

[@deepamenghani9594]

how to generate UPI PIN Namrata?

[@umeshkakkad7069]

Nice video Namrata all fundas of UPI cleared Basic Knowledge gained Thanks for the Video

[@learningfintech]

Thank you so much Umesh Sir. Your appreciations means a lot to me.

[@AbhishekMishra-gr5zk]

beautiful explanation

[@avinashjadhav7578]

Great

[@saurabhpoonam1321]

Explained very well.This will certainly clarify aam aadmi k doubts👍🏻👍🏻

[@learningfintech]

Thanks a lot.. 😊

[@kabirsaheb7861]

Hello ma'am. I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅

[@naveenpatnaik6550]

That's a great way of explaining UPI.

[@learningfintech]

Thank you so much Naveen :)

[@smartdhruvking5058]

What is a flow of upi money transaction when we get an ipo allotment

[@vinayagarwal6423]

Nicely explained. I just want to understand how these UPI companies earned money

[@kalyanikuvar5005]

Please share more video about how bank work internally

[@k.h.muliya6409]

Well done Didi

[@mahadeoraut1471]

Nice explained.👍 Quality content. I request you to please make more video🙏🙏

[@learningfintech]

Sure thing. Inspired by your comment. you.ll definitely see more content. Please subscribe :)

[@kabirsaheb7861]

Hello ma'am... I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅

[@tamannachandrakar8395]

Mam i apprecaite your hard work for learner

[@dinakaranelumalai3918]

This video was helpful 👍 to know about upi . Keep it up

[@learningfintech]

Thanks a lot for the appreciation. Would be really grateful if you share it in your Whatsapp status for increasing the reachability.

[@yadvisharma4633]

Thank you mam🤩🙏

[@aniketkadam9498]

Hello Mam thanks for Video..Pls send any Document so we chan get knowledge

[@swapnilpotphode888]

Nicely explained mam...can you please share some link where we can get technical details regarding UPI.

[@pravalbhatt4753]

Very informative 👍

[@bhartisinghthakur6157]

Excellent 👌👌

[@pallavkumardas3413]

Nicely explained 👍👍👍👍

[@patilvijay48]

Can you explain details technical flow of UPI transaction?

[@ushasiva1808]

Clear information 👌

[@kabirsaheb7861]

Hello ma'am.... I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅

[@yashsingh7012]

Thanks lots.

[@yousharath100]

Very good explanation!! Awesome👏

[@learningfintech]

Thanks a lot... Can you please put this as your whatsapp status to increase the reachability

[@kabirsaheb7861]

Hello ma'am... I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅

[@wangilkarful]

Psp can be only bank. As per Rbi norms.. Phone pe , google pay can not be a psp, they are acting on behalf of banks.

[@mounicaathkuri]

Well explained!

[@prashantkuril.6698]

I have doubt payer psp is sender and payee psp is reciver is this right ?

[@ShivamGupta-fu9el]

Very easy language❣️

[@deepakmourya6836]

Good job Namrata 👍

[@learningfintech]

Thanks a lot for the appreciation. Would be really grateful if you share it in your Whatsapp status.

[@ctjanani5865]

Mam,could u explain what happens(NCPI does) after receiving required details from payee PSP?

[@benbinoy4065]

1:Does fintech apps have to pay UPI for using it? 2: what is the profit of UPI ?

[@surindarbishnoi490]

How to download my bill flow of my upi id

[@prasada1280]

Nice video.

[@learningfintech]

Thank you so much

[@zeeupgradstudent5114]

:)

[@alokgupta9266]

I guess PSP example For phonePe app ybl is PSP Please correct if wrong. Thanks

[@learningfintech]

Yes you are absolutely right. Just that Phonepe also has a tie up with other banks now. So whatever handle is used on Phonepe app, it is the payer PSP bank.

[@pradipchakraborty7209]

Poor audio.

[@learningfintech]

Thank you for the response. I will take care of the same further.

[@ayyappareddy8604]

Well explained 👍

[@learningfintech]

Thanks a lot Ayyappa.. Means a lot 😊 Please share it among your friends.

[@kabirsaheb7861]

Hello ma'am... I want to know that can we have/use a single different mobile number for ( other then which is linked to bank account) for phonePe, Googlepay(UPI apps ). Will it work.? I mean recently updated my mobile no. In Bank. But I can still use phone, Googlepay.. etc for sending and receiving money for day-to-day task with my other no. Linked to it. I have not updated my new no. On this app. Is it because I have dual sim phone. Or UPI linking no. Should be bank linked no. Is not mendatory. Please 🙏 reply and give me some clarity. I have been searching answer for this from past 4 days and not getting clearity. 😅