When to use UPI?

UPI (Unified Payments Interface) is typically used for instant financial transactions in India, facilitating real-time bank-to-bank transfers via smartphones. It allows users to make secure, convenient peer-to-peer and person-to-merchant payments without needing physical cash or sharing sensitive bank details. UPI is suitable for online payments, paying bills, splitting costs with friends, and is available 24/7. It is also used for specific scenarios like corporate gifts and government programs.