UPI 2 0 launched
NPCI has launched the upgraded UPI 2.0 payments platform in India. The new platform brings in some key features with focus on person-to-merchant payment.
UPI 2.0 enables overdraft facility, allowing users to link their overdraft account. When making a purchase, customers will be able to transact instantly even if there are no sufficient funds in their account, which is one of the biggest advantages of an overdraft account.