What is a UPI account number?

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

• Simplifies payments by using a memorable format like name@bankname.
• Links multiple bank accounts to a single identifier.
• Ensures high security as your primary bank details remain private.
• Regulated by the National Payments Corporation of India (NPCI).