Payment Blogs

Every time you make a payment, you enter a numeric code on your UPI app. That code is your UPI PIN number. It’s the key to keeping your digital payments secure. It acts like a password every time you send money through a UPI app.  Whether you’re figuring out how to set UPI PIN for …

UPI has changed the way we pay, offering faster checkouts, zero cash and no cards. But behind the ease, a new set of risks has emerged. From phishing messages to fake QR codes, UPI scams are evolving fast. And they don’t just target the unaware. Even frequent users fall for these traps. With rising UPI …

Unified Payments Interface (UPI) has made daily money transfers simple and instant. You can pay bills, send money or shop online in seconds. It’s simple, fast and accepted almost everywhere.  But many users still wonder about the UPI payment limit and hidden charges. Can you send ₹1 lakh at once? Are there extra fees after …

Unified Payments Interface (UPI) has made everyday payments fast and effortless. Whether it’s paying friends, splitting bills or shopping online, digital transactions are now the norm. But with all this ease, a common question surfaces: Is there any tax on UPI transaction?  Read on to clarify this common doubt.  No. There is no GST on …

UPI makes sending money super easy. But what if your bank account balance is low? You don’t need to dip into your savings. That’s where the credit line on UPI helps. It’s a new feature backed by the RBI.  It lets you borrow small amounts instantly through your UPI app and pay merchants without touching …

UPI has made sending money easier than ever. With just a few clicks, you can pay friends, shop online or settle bills instantly. But in all that speed, mistakes can happen. You might end up sending money to the wrong person by accident. But don’t worry, such mistakes are more common than you might think. …

A UPI reference number lets you conveniently make and track all your digital payments. Developed by the National Payments Corporation of India, UPI provides better security to your transactions and account details and reduces the chances of fraudulent activities. It allows you to send money from one account to another or initiate merchant payments effortlessly. …

Virtual Payment Address (VPA) in UPI or Unified Payments Interface is a unique identifier of your account. It is a system that bypasses the need for bank account numbers and bank IFSC. You can use VPA to send or receive money, make bill payments and initiate merchant payments. To learn more about VPA in payment, …

Learning how to make a UPI ID or set a UPI PIN is an easy solution to enjoying seamless transactions. Thanks to digital advancements and the launch of the UPI facility, now you no longer have to visit a bank to transfer money. With the Unified Payment Interface (UPI), you can effortlessly transfer funds from …

In January 2024, UPI transactions touched a new record with 12.02 crore transactions amounting to ₹18.41 trillion. Thus, it doesn’t come as a surprise that we are at the forefront of digital transactions in terms of both value and volume. As India manages to dominate the digital payment landscape, the nation has also witnessed a …