Glossary · Payments

What is UPI (Unified Payments Interface)?

UPI is India's instant bank-to-bank payment system. A customer scans a QR or taps a UPI ID, enters their PIN, and money moves from their bank to yours in under 30 seconds with zero commission.

In detail

UPI is operated by the National Payments Corporation of India (NPCI). Indians sent over ₹19 trillion through UPI in 2024 — more than any other payment method in the country.

For a restaurant, UPI is the cleanest payment method available: no card-machine rental, no 1.5-2.5% MDR fee, no T+2 settlement wait. Money lands directly in your business bank account in seconds.

ZaikaQR generates UPI deep links that open the customer's Google Pay, PhonePe, or Paytm app directly — with your VPA and the order amount pre-filled.

Why it matters for your restaurant

Understanding UPI (Unified Payments Interface) helps you evaluate restaurant software properly, talk to your tech vendors with confidence, and make better-informed pricing and operational decisions.

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