Recharge & Bills
Mobile Recharge
Electricity bill
DTH recharge
Municipal bill
Water bill
Gas & Cylinder
Loan EMI
Insurance Premium
Challan
Ticket Booking
Flight Tickets
Train Tickets
Bus Tickets
Payments & Services
Payments
Bill Payments & Recharges
Send Money to Anyone
Online Payments
In-store Payments
Loans & Credit cards
Credit cards
Personal Loan
Credit report
Loan against gold
Loan against Mutual Funds
Paytm Postpaid
Wealth
Stocks
Mutual Funds
F&O
Pension (NPS)
IPO
ETF
Paytm Gold
Paytm for Business
Online Payments
Payment Gateway
Payment Links
UPI Payments
Subscriptions
Settlements
Offline Payments
Paytm QR
Soundbox™
All-in-One POS
Business Software
Pi by Paytm
POS Billing Software
Paytm for Business App
Advertising on Paytm
Business Khata
Business Lending
Merchant Loan
Business Loan
Insurance
For Developers - API
Company
About
Investor Relations
Sustainability
ESG Profile
Sustainability at Paytm
Blog
Latest News
Contact Us
Customer care
Career
CSR
CSR Policy
CSR Committee
Projects: FY 2022-23
Projects: FY 2023-24
Projects: FY 2024-25
Projects: FY 2025-26
Paytm Foundation
Terms & Conditions
Download App
Sign In
Home
FAQ
UPI
What is a UPI ID and how does it work
UPI ID is a virtual payment address used to send or receive money. Linked to your bank account, transactions are authorized via
UPI PIN
, making transfers secure and fast.
Related Questions
What is UPI ID used for
What does UPI ID mean
What is the purpose of a UPI ID (in Hindi)
What is the meaning of UPI ID (in Hindi)
What is UPI and who regulates it in India