BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the length of UPI PIN?
A
2 digits
B
10 digits
C
4 digits
D
8 digits
Explanation: 

Detailed explanation-1: -UPI PIN that stands for Unified Payments Interface Personal Identification Number is a 4 or 6 digit number set by the users themselves either at the time of UPI registration on a UPI application or later.

Detailed explanation-2: -A UPI PIN is a unique 4 or 6-digit code or password that you need to set for each bank account to enable UPI payments on any app. You will need to enter your UPI PIN on the PhonePe app for any payments you wish to make through UPI.

Detailed explanation-3: -UPI PIN is a four or six-digit number that is set by the customers on BHIM after the registration process. UPI PIN is used for authenticating all transactions done on UPI platform (BHIM or *99# or UPI apps) to ensure secure payments every time you use BHIM UPI to transact.

There is 1 question to complete.