What is a bank UPI handle?

A bank UPI handle, also known as a Virtual Payment Address (VPA), is a unique identifier used to send and receive money instantly through the Unified Payments Interface. It acts as an alias for your bank account, allowing you to perform transactions without sharing sensitive details like your account number or IFSC code. Key features include:

• Format: It typically follows a structure like username@bankname or mobilenumber@bankhandle.
• Linkage: Every handle is securely mapped to a specific bank account.
• Security: Transactions are authorized using a secure UPI PIN.