What is a UPI address?

A UPI address, 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 like an email ID for your bank account, typically appearing in a format such as yourname@bankname. This address allows you to perform secure transactions without sharing sensitive details like your bank account number or IFSC code. It is linked directly to your bank account and requires a secure UPI PIN to authorize every payment.