What is "Pay using UPI"?

Pay using UPI is a method of making instant, real-time payments directly from your bank account using a mobile application. Developed by the National Payments Corporation of India (NPCI), it allows you to:

• Send and receive money instantly using a Virtual Payment Address (VPA) or mobile number.
• Scan QR codes at merchant outlets for quick checkouts.
• Authorize transactions securely using a unique 4 or 6-digit UPI PIN.
• Link multiple bank accounts within a single application for 24/7 access to funds.