General Studies · Digital Payment Infrastructure (UPI)
The Unified Payments Interface (UPI) is distinguished by which of the following features? I. Ability to facilitate both Person-to-Person (P2P) and Person-to-Merchant (P2M) real-time payments. II. Use of a Virtual Payment Address (VPA) as a single identifier for secure money transfers. III. Restriction of services to debit cards only, strictly excluding any direct bank-account links. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and II only✓
- 2II and III only
- 3I and III only
- 4I, II, and III
Correct answer
I and II only
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