Computer Science · Cyber Security and Digital Banking
Which of the following is a primary security benefit of using UPI (Unified Payments Interface) for financial transactions?
- 1It eliminates the need to share sensitive bank account numbers or IFSC codes with the payee.✓
- 2It processes massive corporate transfers faster than RTGS networks.
- 3It automatically provides high-value insurance coverage for every transaction.
- 4It functions seamlessly without any active internet connection.
Correct answer
It eliminates the need to share sensitive bank account numbers or IFSC codes with the payee.
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