What is an UPI-enabled bank account?

A UPI-enabled bank account is linked to a Unified Payments Interface (UPI) application, which is a real-time payment system developed by the NPCI in India. This link allows for instant money transfers between bank accounts using a mobile device, facilitating peer-to-peer (P2P) and person-to-merchant (P2M) transactions without sharing bank details. To set up your account, you must download a UPI-enabled app and link it to your bank account.