RBI is adding a new feature in UPI platform: What is it, and how will it help consumers and merchants - Sourin Mitra & Teams Blog

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Thursday 8 December 2022

RBI is adding a new feature in UPI platform: What is it, and how will it help consumers and merchants

The single block, multiple debits is a feature wherein customers will be able to create a payment mandate against a merchant by blocking funds in their bank accounts for specific purposes, such as shopping from e-commerce websites or making reservations at hotels or investments in securities.

via ©Times Of India

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