Unified Payment Interface (UPI): Digital Payment System for Small Cash Society

Abstract The innovation in payment system is essential for the small cash transaction because of its nature of transaction and usage. The Unified Payment Interface (UPI) is one of the innovative method adopted and popular method for small payments. It provides a payment architecture that is directly linked to achieving goals of universal electronic payments for less cash society, and financial inclusion, using the latest technology trends, laid down in the RBI payment System. Present paper is based on studying the working, architecture, usage and advantages of UPI apps. Keywords: financial inclusion,payment, technology trends,UPI.