In a new avatar: The updated UPI 2.0 to make digital payments safer

The updated version unveiled has been in the works for more than six months and has features like letting the merchants attach bills along with their payment requests

 The National Payments Corporation of India (NPCI) on Thursday launched the much vaunted Unified Payments Interface 2.0, an updated version of the country’s flagship payments platform.

RBI Governor Urjit Patel and Nandan Nilekani, Advisor (Innovation), NPCI, were present at the occasion.

The updated UPI 2.0 will soon be pushed to users through 11 partner banks, including State Bank of India (SBI).  On the occasion, the RBI governor said the launch was the result of the calibrated approach adopted by the central bank. The apex regulator functioned as a developer, to start with, and then took on the role of a catalyst and