Understanding UPI Signed Intent and QR

What is UPI intent flow

Intent flow allows users to complete payments by being redirected from a merchant platform to their UPI app with pre-filled details.

What makes it ‘signed intent’

Signed intent ensures that payment data is securely transmitted and verified, preventing tampering or manipulation during the transaction.

Role of QR codes in UPI payments

QR codes enable quick payments by encoding payment details that users can scan to initiate transactions.

Security advantages of signed intent and QR

Both mechanisms reduce manual input errors and enhance security by ensuring authenticity of transaction details.

Use cases in real-world payments

These are widely used in e-commerce, retail stores, and peer-to-merchant transactions.

Differences between static and dynamic QR

Static QR remains constant, while dynamic QR changes per transaction with specific details.

Future improvements in payment flows

Continuous enhancements aim to improve speed, security, and user experience.

UPI transactions are governed by NPCI guidelines. Stashfin is an RBI-registered NBFC.