What is a 12 digit UPI ID?

A 12-digit UTR), is a unique code assigned to every UPI transaction. It acts as proof of payment and is crucial for tracking payments, confirming transactions, and resolving any disputes. This identifier enhances security by ensuring payments are correctly routed without needing to share sensitive bank details. For example, when using a payment app like Paytm, this unique 12-digit numeric code is used for transaction verification.