Definition
UPI Registration is the process of creating a UPI ID and linking it with a bank account for digital payments.
Meaning of UPI Registration
Users need to register through a UPI-enabled app by verifying their mobile number, setting a UPI PIN, and linking their bank account. Once completed, they can send and receive money instantly.
Importance
Registration is essential to use UPI services. It enables secure, cashless transactions, making everyday payments faster and simpler.