While using the UPI App you may have seen the term UPI ID. You can use this ID instead of the bank account number for making a payment. That is why you see this option as well for sending the money. The UPI ID is a must if you want to request money from someone. […]
UPI - Unified Payment Interface
UPI is a digital Payment system. This System works on mobile. By using this system a mobile app can send money instantly. It works 24 hours a day and never stops.
It has revolutionized the payments in India. Today most of you use one of the UPI apps such as BHIM, Tez, Phonepe, Paytm, SBI Pay, iMobile, chillr etc. These apps use UPI platform to transfer fund.
Main Features of UPI
- It transfers money instantly, anytime.
- You can request money from someone using this platform.
- You can link any of your bank accounts. It is not necessary to use app of the same bank. You can link multiple bank account to the single app.
- The bank account number is not necessary to send money through it. The virtual Payment address (VPA), Aadhaar, and mobile number can be also used to pay.
- You can send money immediately to anyone. There is no mandatory wait period.
- This system is free. Banks also do not charge anything to use their app. Thus, It does not cost anything to you.
यूपीआई एड्रेस का इस्तेमाल पैसे भेजने में किया जाता है। इसका प्रयोग करके आप अपने बैंक खाते की जानकारी देने से बच सकते हैं। यह ईमेल एड्रेस की तरह आसान है और आप एक खाते के लिए कई यूपीआई आईडी सेट कर सकते हैं
Your UPI PIN Should be safe and secure so that no one can misuse it. As your mobile phone can go into the hands of other people. In that case, it is the UPI PIN which protects your account balance. Therefore your UPI PIN should be strong so that no one can hack it. In […]
UPI or Unified Payment Interface is the easiest fund transfer method but It has some terms and conditions. You must know these limitations while using this payment platform. In this post, I have listed 9 most important terms and condition of UPI. These are applicable to every UPI app be it Google Pay, Phonepe, Paytm, […]
डिजिटल ट्रांजेक्शन में BHIM APP की एंट्री के बाद एक नए तरह के PIN नंबर से हम रूबरू होते हैं। वह है UPI PIN। इस लेख में हम इसी पिन के बारे में चर्चा करेंगे। तो आइए जानते हैं कि यह UPI PIN है क्या? इसका उपयोग क्या है? यह MPIN या ATM PIN से […]
The UPI or Unified Payment Interface has added One-time mandate and some other new features. The NPCI has launched the UPI 2.0. This version has given more facilities to the merchants and business community. After this version, the UPI Add would have 5 new features. Recommended- What is UPI Payments System 1- One-Time Mandate Through […]
Today UPI is the best way to digital payments. But many of us still not fully aware of its use. People want to know the use of UPI in SBI Pay, Paytm, Phonepe, Tez and other apps. In fact, all these apps are riding on UPI wave. After the launch of UPI, the mobile app […]
UPI is the most popular payment system in India. It instantly transfers money whether you live in Delhi, Mumbai, Banglore or any other city. It also does not charge a paisa for fund transfer. Also, payment through the UPI is the easiest one. Because of this system, common people started to use the digital transaction. Before […]
UPI is the buzzword of digital payments in India. You may have heard that it has powered most the payments apps in India. All the big names want to ride the UPI bandwagon. Every big bank has incorporated this payment system into their app. Even big names of international payments are endorsing it. Be it, Google Pay […]
Now you have a new term to decode. What is this UPI PIN? How to create and change it? How UPI PIN is different from the existing MPIN or ATM PIN? How can you get it and is it necessary to remember? There are many questions about this new PIN. In this post, I will tell […]
UPI is a payment system which facilitates the fund transfer between two bank accounts. This payment system works on the mobile platform. Sending money through the UPI app is as easy as sending a message. You are not required to give bank account details for the fund transfer through the UPI payment system. UPI is one of the most advanced […]
Today, you can check bank balance, get a mini statement and do a payment through the mobile banking. But, what if you don’t have a smartphone or you don’t have the internet? The answer to this problem is the USSD based mobile banking. Just dial the *99# and see the magic. You can do all those things […]