Dynamic UPI System for Automated Payment Account Selection
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Solution Overview
Problem
Existing Unified Payment Interface (UPI) systems are static, leading to issues such as interrupted transactions due to internet or server issues, and require multiple manual steps when the default account is unavailable, causing inconvenience and inefficiency.
Innovation Solution
A dynamic UPI system that allows users to select from multiple modes: Basic, Custom, and Artificial Intelligence (AI) based modes, enabling automatic selection of the best payment account based on user-defined rules, transaction history, and real-time bank server stability, thereby optimizing payment processes.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If a default UPI account is used for all transactions, then the payment process is simple to operate, but the transaction reliability deteriorates when the default account is unavailable due to server issues or insufficient balance
Solution Approach 1:
The system dynamically selects UPI accounts based on real-time conditions such as server availability, balance status, and transaction requirements. Instead of using a static default account, the system adapts the account selection to current circumstances, switching between multiple configured accounts automatically to ensure successful transactions while maintaining operational simplicity for the user.
2Reliability
If multiple UPI accounts are configured for different conditions, then the transaction reliability is improved, but the device complexity and user operation burden increase
Solution Approach 1:
The system performs automatic account selection and transaction execution without requiring user intervention. The complexity of managing multiple accounts and selecting the appropriate one is handled by the system itself through automated monitoring of account status, server availability, and balance levels, thereby maintaining high reliability while keeping the user interface simple.
Solution Approach 2:
The system continuously monitors the status of multiple UPI accounts including balance levels, server connectivity, and transaction history. This feedback mechanism enables the system to automatically determine the most suitable account for each transaction, managing the complexity of multiple accounts through intelligent automation rather than user manual selection.
3Reliability
If manual account selection is required when the default account fails, then the transaction reliability can be maintained, but the loss of time and productivity increase due to multiple manual steps
Solution Approach 1:
The system pre-configures multiple UPI accounts with different purposes and monitors their status in advance. When a transaction is initiated, the system has already prepared the account selection logic and can immediately execute the transaction using the most suitable account, eliminating the need for manual account switching and reducing transaction time while ensuring reliability.
Data Source
AI summary
A method for providing a dynamic Unified Payment Interface (UPI) to a user is disclosed. The method includes: receiving an input of the user associated with selection of at least one UPI mode from a plurality of UPI modes. Next, the method includes analyzing the UPI mode(s) selected by the user for a processing of a payment. Thereafter, the method includes performing the payment based on the selection and analysis of the UPI mode(s) selected by the user. The plurality of UPI modes includes a basic UPI mode, a custom UPI mode and an Artificial Intelligence (AI) based UPI mode.