Question
Under the new UPI initiatives, what does “UPI Reserve Pay” enable users to do?
Solution
“UPI Reserve Pay” allows users to block a portion of their credit card limit or pre-approved credit to enable seamless repeat purchases for services like cab rides, food orders, or e-commerce.
More Beepedia Questions
- What is the Sagar-Setu mobile app launched by Union Minister Shri Sarbananda Sonowal?
- What is the name of the mobile application launched by NSSO on Statistics Day 2025?
- What is the main purpose of the XV Finance Commission grants released to Rajasthan and Odisha for FY25?
- What was the total financial fraud amount reported in India in FY25, despite a decline in the number of cases?
- India won its record-extending sixth ICC Under-19 World Cup title in 2026 by defeating which country in the final?
- What was the theme of World Standards Day 2025?
- Which sector experienced notable growth in mineral production in March 2024?
- What is the primary objective of the amendments approved by the Defence Acquisition Council (DAC) for the MQ-9B UAV deal with the U.S.?
- According to Reserve Bank of India (RBI) data, banks have parked ________with the apex bank as the banking system liquidity has been gradually improving du...
- Which PM-led initiative is India Steel 2025 aligned with?
Relevant for Exams:
