Unified Payments Interface (UPI) 2.0 Launched by RBI Governor

MUMBAI, Aug 16: Reserve Bank of India (RBI) Governor, Urjit Patel on Thursday launched the Unified Payments Interface (UPI) 2.0 developed by the National Payments Corporation of India (NPCI). The UPI 2.0 has enhanced features such as “invoice in the inbox, signed intent or QR, UPI mandate with blocking of funds and UPI for overdraft account”, NPCI said in a statement. The first version of UPI was launched in 2016. (IANS)