UPI 2.0 offers limited payment options to users, says experts2 min read 22 Aug 2018, 09:05 AM IST
Several features have been added to UPI 2.0, including an overdraft facility, which enables customers to link their overdraft account to UPI and carry out transactions instantly.
New Delhi: After dominating the person-to-person (P2P) payments space, National Payments Corporation of India (NPCI) is aiming to expand the presence of Unified Payments Interface (UPI) in person-to-merchant (P2M) space with the launch of UPI 2.0. However, the upgraded version which was launched last week lacks features such as recurring payments which would have led to mass use cases, says experts.
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