Collect Request

byPaytm Editorial TeamLast Updated: July 11, 2025

Definition

A Collect Request is a UPI feature that allows a user to request money from another user. Instead of sending money, you ask someone to pay you by entering their UPI ID or mobile number.

How It Works

You enter the amount, receiver’s UPI ID, and optional remarks. The other person receives a payment request on their UPI app, which they can accept or decline.

Benefits

  • Useful for splitting bills or collecting dues
  • Saves time compared to manual reminders
  • Automatically expires after a time if not accepted

The meaning of collect request in UPI is to simplify how people request and receive money digitally.

You May Also Like

Smartwatch PaymentsLast Updated: August 19, 2025

Meaning Smartwatch Payments allow users to make contactless payments using a smartwatch linked to their bank account or…

Maturity BenefitLast Updated: November 14, 2025

Meaning Maturity Benefit is the amount an insurance company pays to the policyholder when a life insurance policy…

UPI ReconciliationLast Updated: September 10, 2025

Meaning UPI Reconciliation is the process of comparing UPI payment records with bank statements to ensure that all…

Micro PaymentsLast Updated: September 16, 2025

Definition Micro payments are very small transactions, usually less than ₹100, made digitally for low-cost services or products.…

UPI Payment FailureLast Updated: October 21, 2025

Meaning UPI Payment Failure occurs when a transaction cannot be completed due to insufficient balance, incorrect PIN, or…

QR Code ScanningLast Updated: September 16, 2025

Definition QR code scanning is the process of using a smartphone or device camera to read the QR…