Banking · Digital Payments
In the context of the Unified Payments Interface (UPI) system managed by the National Payments Corporation of India (NPCI), which specific database/service is responsible for mapping a Virtual Payment Address (VPA) to the actual bank account details (such as account number and IFSC)?
- 1Central Mapper Service✓
- 2Common Library for Mobile Apps
- 3Central Identity Data Repository (CIDR)
- 4Payment Service Provider (PSP) System
Correct answer
Central Mapper Service
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