How Does UPI work? UPI process flow explained !

All about the evolution of UPI and the entire P2P process flow of an UPI transaction. (Unified Payment Interface of India which is the most voluminous instant payment mechanism in the world.

[prahladhegde]

What a well explained video! Those diagrams were as clear as crystal, Thanks a lot!

[zenfitteam]

In love with this channel... Pls make videos on
1. P2P, P2M
2. Card scheme
3. Network switch
4. How banks disburse loans
5. Cibil
6. PCI-DSS
7. 3DS
8. How does card money transfer work
9. Net banking how it works
10. TPAP
11. Chargebacks

[anshukandhari]

Good video. Some clarifications on the flow mentioned:
1. Gpay is TPAPs and not PSP. Paytm has a banking license and hence is a certified PSP.
2. The translation request are processed by TPAPs PSP and not by TPAP. E.g. Google has multiple PSPs icici/hdfc etc

[ashwinbenegal]

Very well explained. Carry on the good work.

[kunwarjeetspanesar]

Very well crisp and clear. Pls keep up the good

[yash_guptaofficial]

Very useful information
Can i have the presentation link please
Wanted to share this information without other

[haritech]

Very clear explanation. Really helped.👍

[anuragpasupureddi]

Amazing explaination sir. But one question is if you would have observed, almost all the times we get the success message on the UPI app (eg: phonepe), even before we get the debit message from the bank. Any idea how?

[pampokes]

Brilliant. Nicely explained but pl use simple vocabulary to understand easily without google searching for meaning of words as english language has multiple meanings for the same word.

[souravchanda]

Such an amazing explanation. Just one question- are steps 6b, 7, 8 needed if the address is a global identifier and can be resolved at NPCI end? In this case, can NPCI directly make the debit request?

2) what authentication checks are done at Step 10? Also, Is 4 digit or 6 digit UPI pin gets validated here?

[amanjain]

Great explanation. I have a couple of questions:
Is UPI just IMPS with additional translation step?
Can you also shed some light on how UPI differs from other P2P payment networks used around the world?

[ramesherrabolu]

Thanks for the MSC. Are there UPI apps that allow you to initialize it with using User ID instead of one using Global ID

[govindbishnoi]

Sir I have a revolutionary idea of upi payments platform, can you tell me which licences will i need for integration npci and what other licences or registrations are required. If you reply it will be much appreciated, thanks in advance ❤❤

[allworldwithrajat]

it means if we do a transaction and the payment also the succcessful but could not credited in receiver account it will either return to remitter account or receiver account 100% confirm????

[arijitdas]

And all this request and response are performing through "API" .

[DeepakPardeshi-wc]

Upi pin is validated by Npci or remitter bank ?

[zareensubahaziz]

Why does NPCI check wity gpay although your account was in patym when there is a non -global identifier?

[amateur_football]

This is unlikely to be implemented in the US, many prefer the anonymity of cash, distrust of the government/banks, also banks make too much money from transactions to give CC's up, also UPI I think is mostly practical for small purchases and for that people already have pay pal

[TributetoSidhumoosewala]

I see 3 upis on both google pay and phonepe..why is that? Which one is working out of them?

[nikhilupadhyay]

How does npci know that the payee is using gpay for it to send it to gpay to translate and accept response?