© 2019-2024, Karnataka Mahila Sahakara Bank Niyamitha
Designed and Maintained by - AHOBALA LIFETECH
NEWLY INTRODUCED UPI [UNIFIED PAYMENT INTERFACE ] FROM YOUR
KMS BANK
What is UPI in banking?
Unified Payments Interface (UPI) is a system that powers multiple bank accounts
into a single mobile application (of any participating bank), merging several banking
features, seamless fund routing & merchant payments into one hood.
Is UPI free?
Yes, UPI has enabled the users to send/receive money upto 1Lakh per day instantly in real-time
basis by using a Virtual Payment Address and a UPI PIN. It is one of the most popular payment
systems in digital India for many reasons, one of which is that it is free of cost.
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