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For real-time payments from one bank account to another, any UPI client app can be used and multiple bank accounts can be linked to a single app. Money can be sent or requested using a user-created Virtual Payment Address (VPA) or UPI ID for each bank account using the KYC-linked mobile number.
This is a list of applications supporting the Unified Payments Interface (UPI), an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016.
BHIM allows users to send or receive money to or from UPI payment addresses, or to non-UPI based accounts (by scanning a QR code with account number and IFS code or MMID code). [ 7 ] Unlike mobile wallets ( Paytm , MobiKwik , M-Pesa , Airtel Money , etc.) which hold money, [ 8 ] the BHIM app is only a mechanism which transfers money between ...
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On 2 July 2023, a new version of Yono app was launched with the introduction of a new UPI feature which enabled other bank customers to use the app for UPI payments. The update also brought QR scanning and pay-by-contact UPI functionalities.
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To initiate fund transfer, users have to use any UPI supporting Android or iOS app, link their bank accounts and generate BHIM UPI PIN. Funds can be transferred via the following methods: Virtual Payment Address (VPA): Send or request money from/to bank account mapped using VPA. Account number & IFSC: Send money to bank account.
At 12 CMRL metro stations in Chennai, Ongo has installed special card dispensers with the Unified Payments Interface (UPI) feature to enable these ready-to-use Ongo Ride cards. By integrating payments at parking lots and toll booths with multiple modes of transportation, such as metros, buses, and water ferries, Ongo Ride provides commuters ...