The National Payments corporation of India (NPCI) made Unified Payments Interface (UPI). The payment model which is used to receive or send money using mobile phones is known as UPI. Any of the UPI-enabled banks can be synced to BHIM app which is a unified app based on UPI. National Payments Corporation of India (NPCI) was established by the Reserve Bank of India (RBI) and Indian Banks Association (IBA). You can read about the RBI – Know More About Reserve Bank of India in the given link.
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