Are UPI ID and VPA same?

Yes, a UPI ID and a VPA (Virtual Payment Address) are the same thing. VPA is the technical term used by the National Payments Corporation of India (NPCI), while UPI ID is the more common, user-friendly name. Both serve as a unique identifier linked to your bank account, allowing you to send and receive money instantly without sharing sensitive details like your account number or IFSC code. A typical format for this ID is username@bankname.