Economics · Banking Systems

The Unified Payments Interface (UPI) differs from NEFT primarily because UPI enables:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1High-value RTGS payments only
2Cross-border settlement
3Real-time instant fund transfer✓
4Batch-based settlement

Correct answer

Real-time instant fund transfer

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The Unified Payments Interface (UPI) differs from NEFT primarily because UPI enables:

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The Unified Payments Interface (UPI) differs from NEFT primarily because UPI enables:

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