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, …
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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 …
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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 …
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