What is a customer VPA in UPI?

A Virtual Payment Address (VPA) is a unique identifier used in the Unified Payments Interface (UPI) system to send or receive money. It acts as a digital alias for your bank account, typically appearing in a format like username@bankname. Key benefits include:

• Privacy: Users can transact without sharing sensitive bank details like account numbers or IFSC codes.
• Simplicity: It is easy to remember and eliminates the need for manual entry of bank details.
• Security: Transactions are authenticated through a secure UPI PIN.