Vyavsay School
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UPI for business

Unified Payments Interface: instant bank-to-bank payments by QR code or phone number, which most customers now expect to use.

UPI lets a customer pay straight from their bank account to yours by scanning a QR code. For a business, a merchant QR linked to the business's own account keeps those payments apart from personal ones and gives a record of every sale.

Count UPI receipts with the cash at the end of each day: a payment the customer says they made is only made when it shows in your account.

Learn it in a lesson

See also: Current account