UPI Facility definition

UPI Facility means the Unified Payments Interface (UPI) Service based electronic fund transfer and fund collection facility provided by Bandhan Bank Limited to its Customers through the NPCI’s UPI System as per the Guidelines.
UPI Facility means the Unified Payments Interface Service based electronic fund transfer and fund collection facility provided by Citibank to its Users through the NPCI UPI System as per the Guidelines.
UPI Facility means the Unified Payments Interface Service based electronic fund transfer and fund collection

Examples of UPI Facility in a sentence

  • The Customer will remain responsible for all the transactions made through the UPI Facility until the time of such termination.

  • BFL may suspend or terminate the UPI Facility with prior intimation of 30 days if the Customer has breached any of these Terms.

  • UPI Facility offers an instant, interbank electronic fund transfer, fund collection service, UPI Number, UPI- One time and recurring mandate related services to the Customers.

  • BFL will on best effort basis endeavour to provide to the Customer, UPI Facility (as defined below) in accordance with the UPI guidelines, circulars and / or regulations issued by the Reserve Bank of India (“RBI”) and / or National Payments Corporation of India (“NPCI”) and / or any other competent authority, from time to time (collectively referred to as “Guidelines”) subject to the terms and conditions herein specified.

  • BFL may withdraw or terminate the UPI Facility anytime either entirely or with reference to a specific UPI Facility without assigning any reasons whatsoever.

  • The facility may be suspended due to maintenance or repair work or any breakdown in the Network/Hardware/ Software for UPI Facility, any emergency or for security reasons without prior notice and bank shall not be responsible for any losses/damages to the Users.

  • All the records of SIB generated by the transactions arising out of the use of the UPI Facility, including the time the transaction is recorded shall be conclusive proof of the genuineness and accuracy of the transaction.

  • It is acknowledged and accepted that the User shall not assign / transfer or permit usage of the UPI Facility on the Citi Mobile App or on any 3rd Party PSP App or on the BHIM UPI Common App facility standing in his / her name to any other person / third party.

  • UPI Facility offers an instant, interbank electronic fund transfer or fund collection service to the Customers.

  • SIB does not hold out any warranty and makes no representation about the quality of the UPI Facility.


More Definitions of UPI Facility

UPI Facility means the UPI based facility for fund transfer and fund collection, balance check, PIN generation and reset of PIN etc. facilitated by the Bank to its customers who hold Account with the Bank in accordance with the NPCI Guidelines in this regard.
UPI Facility means the Unified Payments Interface (UPI) Service based electronic fund transfer and fund collection facility provided by Jayant India Nidhi Ltd. Limited to its Customers through the NPCI’s UPI System as per the Guidelines.
UPI Facility means the facility of UPI Services on the Software, provided by KaHa in association with YBL.

Related to UPI Facility

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Triage facility means a short-term facility or a portion

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16