- LATEST
- WEBSTORY
- TRENDING
BUSINESS
SBI UPI users alert! Important message for State Bank of India customers
SBI on January 8 had issued a notice that it is going to upgrade the UPI platform to give a better experience to its customers.
Updated : Jan 09, 2021, 03:44 PM IST
 "State Bank of India")
TRENDING NOW
)
Shahid Kapoor, wife Mira Kapoor rent out their Rs 580000000 luxury Mumbai apartment for Rs...
)
After Arjun Kapoor confirms breakup with Malaika Arora, his statement goes viral: 'You can't get away with screwing...'
)
Meet Imsha Rehman, Pakistani TikTok star who deactivated her accounts after video leak and Minahil Malik's MMS
)
Meet Janhvi Kapoor's 'sister' who left Bollywood after no hits in 7 years, still called star; she's worth Rs...
)
Mukesh Ambani's son Anant Ambani, daughter in law Radhika Merchant seen hand in hand in Dubai, video goes viral
)
Shah Rukh Khan's 'gross' reply to his son Aryan Khan developing crush on Mallika Sherawat goes viral: 'Can I also play...'
)
'He was adamant...': Here's why Abhishek Bachchan skipped Aishwarya Rai's birthday celebrations amid divorce rumours
)
Internet fuming over BIZZARE fan reaction in Diljit Dosanjh concert, netizens say, 'better if asteroid hit earth'
)
'Vivian Dsena you are an...': Ravi Dubey reacts after Madhubala star calls him his favourite TV actor in Bigg Boss 18
)
Meet actress who never became lead heroine, married superstar's brother, fell in love with 12 years younger man; now...
)
Before Pakistani TikTok star Minahil Malik, actress Rida Isfahani's MMS video leaked online by...
)
After Sushmita Sen declares she is single, Rohman Shawl's statement goes viral: 'Voh to 6 saal se...'
)
7 times XXX, Gandii Baat star Aabha Paul was 'too hot to handle' in her bikini photos
)
Pakistani TikTok star Minahil Malik's dance video goes viral amid MMS leak controversy, watch
)
NASA astronaut Sunita Williams opens up about her health concern, says 'My thighs are a little bit...'
On January 8, the State Bank of India (SBI) had issued a notice that it is going to upgrade the Unified Payment Interface (UPI) platform to give a better experience to its existing and new customers. The notice says that during the upgrade activity, the customer may face some issues related to UPI.
The bank suggested the use of other alternative platforms like YONO, YONO Lite, or net banking until the system gets upgraded.
We request our esteemed customers to bear with us as we work towards improving our services to provide for an uninterrupted banking experience.#YONOLite #NetBanking #Banking #ImportantNotice pic.twitter.com/JqgM0LRxYP
— State Bank of India (@TheOfficialSBI) January 8, 2021
Unified Payment Interface (UPI)
UPI is an immediate payment interface. It was developed by the National Payment Corporation of India. UPI helps in the instant transfer of the funds between the two bank account using a mobile phone.
What makes UPI a secure platform?
The UPI transaction is based on two-factor authentication with seamless one-click payment. This feature is directly connected with the UPI regulatory guidelines. Here, MPIN is used instead of OTP.
National Payment Corporation of India (NPCI) advisor, Nandan Nilekani, assures that the security is fool-proof with UPI as the transaction happens in a highly encrypted format.
SBI YONO App
'You Only Need One' is a digital service platform that gives direct access to multiple payment options to its users. It offers a large variety of financial services to its user.
The world's latest technologies have been used to build this advanced payment platform. With YONO the customer can have multiple fund transfers with just a few clicks.
Users can withdraw cash using the cardless withdrawal facility. Moreover, it gives a clear overview of the banking and financial portfolio of SBI affiliated groups and companies, which gives you rewards and points on shopping.
Access to YONO App is easy. One can use it through mobile phone android and IOS and on the web through a browser. It is a hassle-free and single-click payment platform.
