What is amount of UPI agreements execute in stamp paper?

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• What is basic scope for UPI?

  Basic scope for UPI is 2.0 Fresh bank (issuer / Acquirer - to be raised as separate requests, depending on Bank's requirements). Further, the Bank needs to be live in IMPS product first - only then it will be eligible to raise for UPI

• What all Info-sec documents to submit for UPI?

  Security Assessment Report - Compliance Letter. Scope of Assessment: 1. Vulnerability Assessment and Pen test for UPI Server/ Devices: (ASP) 2. Configuration Audit Report for UPI Server/ Devices: (ASP) 3. App-sec Report for the PSP/ UPI APP (ASP) 4. ...

• Whether RBI mobile license is required for UPI?

  Yes, for UPI product Mobile license from RBI is mandatory.

• What are the documents to be shared in hardcopy for IMPS legal agreements?

  Only TPA and NDA can be shared as hardcopies with the On-boarding team to verify, and the Maharashtra state should be mentioned in the stamp papers to push for legal approval.

• What is Business detailed requirement for this request field in C-flow for UPI?

  If your bank is applying for first time for UPI, then you should select the "Business detailed requirement" as New bank; In case you are raising a request for additional scopes - please select "Business detailed requirement" as Existing bank.