What is VPA in a UPI app?

VPA stands for Virtual Payment Address. It is a unique identifier used in the Unified Payments Interface (UPI) system to send or receive money. Think of it as a digital alias for your bank account. Instead of sharing sensitive details like your account number or IFSC code, you can simply provide your VPA. It typically follows a format like name@bank. This makes transactions more secure, convenient, and instant, as it is linked directly to your bank account for 24/7 fund transfers.