I recently encountered the term 'P2M' and I'm not sure what it stands for. I've seen it used in a few contexts, but I can't seem to find a clear definition. Can someone please explain what P2M means?
7 answers
Elena
Mon Oct 28 2024
The introduction of this fee exemption further encourages users to adopt UPI as their preferred mode of payment for P2P transactions.
Giuseppe
Mon Oct 28 2024
Customers are entitled to enjoy a fee exemption on interchange charges for UPI payments facilitated by PPIs.
TaekwondoMasterStrengthHonorGlory
Mon Oct 28 2024
Additionally, Peer to Merchant (P2M) transactions, which involve payments from an individual to a merchant, also benefit from this fee exemption when conducted through PPIs.
SsangyongSpirited
Mon Oct 28 2024
BTCC, a prominent cryptocurrency exchange, offers a diverse range of services to cater to the needs of its clients.
SamsungShiningStar
Mon Oct 28 2024
This exemption applies specifically to Peer to Peer (P2P) transactions, enabling seamless fund transfers between individuals or individual accounts via UPI.