03 Oct 2022 By PAYCEC
UPI and blockchain operate separately:
On the one hand, Unified Payments Interface (UPI) is a mobile application that enables users to transfer money between different accounts.
This single-window payment system is a product of the National Payments Corporation of India (NPCI). It eliminates the need for customers to enter bank account information or other sensitive information every time they initiate a transaction.
On the other hand, a blockchain is a digitally decentralized public ledger that records transactions in banking, healthcare, supply chain, and retail.
Though we are uncertain about the future of blockchain technology, there have been a few examples of real-world uses for blockchain. To illustrate, PayCEC has used blockchain for payment processing to expedite transactions done on the payment gateway.
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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.