Unified Payments Interface App

• Single mobile application for accessing different bank accounts.
• Immediate money transfer through mobile round the clock 24*7 and 365 days.
• Single Click 2 Factor Authentication – Aligned with the Regulatory guidelines, yet provides for a very strong feature of seamless single click payment.
• Virtual address of the customer for Pull & Push provides for incremental security with the customer not required to enter the details such as Card no, Account number; IFSC etc.
• Utility Bill Payments, Over the Counter Payments, Barcode (Scan and Pay) based payments.

• Payer PSP
• Payee PSP
• Remitter Bank
• Beneficiary Bank
• NPCI
• Bank Account holders
• Merchants

There are lots of benefits which are available to end customers, banks and merchants also, out of which the benefits are available for end customers are as under-

• Round the clock availability- The Unified payment system transfers fund immediately from one account to another. This transfer facility is available round the clock and on all days.

• Single Application for accessing different bank accounts- It is the only payment system which gives you the power to access any bank account form the same app. It is not necessary to use SBI app to access the SBI bank account. A UPI app from the ICICI Bank can access your SBI bank account
• Use of Virtual ID is more secure, no credential sharing- It gives you the facility to get money to a UPI ID or virtual payment address. You can make a VPA of your UPI app. When someone transfers money to this VPA, the money directly goes to the linked bank account. Because of the UPI ID, you are not required to share your bank account details.
• Single click authentication- It is the simple and easy way to make transactions. The transaction will be authenticated through single click.
• Split Bill-The UPI app gives you the facility to split the bill among many people. It is useful when many people want to pay to a single person. The system equally splits bill among the named payers.
• Multiple Ways to Pay-Besides UPI ID, you can also send money using bank account number and IFSC. It is the same old method. The UPI apps also give you the options of mobile number and QR code to send the money. Thus there are 3 ways to send the money.
• Virtual Address
• A/c no. & IFSC code
• Mobile no. and MMID
• QR code

• Easy To Use- You know that using a banking app is easier than internet banking. The UPI has made it further simpler. The fund transfer through it is simple due to the following reasons.

1. You can open app by entering easy to remember PIN.
2. You are not required to add a beneficiary previously. You can immediately transfer money to anyone. There is no compulsory wait period.
3. The final authentication is also PIN-based. You have to enter the UPI PIN to approve the payment. There is no alphanumeric transaction password.

• Raise Complaint from Mobile App directly- You can raise any complaint from your mobile app directly, without going to bank branch.

Step 1: Download and Install UPI app from Google Play store/Apple App Store.

Step 2: Select the language as you preferred.

Step 3: Enter the mobile number registered with your bank.

Step 4: Set the application passcode required to enter the app.

Step 5: Add/Link with your bank accounts.

Step 6: Set your UPI PIN by providing last 6 digits of debit card and expiry date of debit card.

Step 7: Click on send option, you can send money through QR code, Unified Payment Interface ID (i.e. UPI ID), or Account number with IFSC code of the person to whom the payment is made.

Step 8: Enter the UPI Pin to authenticate the transaction.

Step 9: At Last, Check transaction history to see the status of the transaction.

• Per Transaction limit- You can’t send more than Rs. 1 lakh in a day for an account.
• Daily Limit- You can send money up to ₹1 lakh in a transaction. However, Some UPI apps have set a limit for per transaction.
• Number of Transaction- you can’t pay more than 10 times using the UPI App in 24 hours from an account.