How to use UPI and what are its benefits: EXPLAINED
Since India is witnessing a rise in digital payments, it will be helpful for the users who are new to digital payment system to understand about UPI transactions and its on-boarding process. National Payments Corporation of India (NPCI) along with RBI and governments have been urging users to use digital payments amid Covid-19 outbreak. UPI (Unified Payments Interface) is a unique payment system through which you can link your bank account to a mobile application and make transactions safely. From transferring money to friends to paying merchants, from online shopping to paying utility bills, UPI makes transferring money easy, safe, and instant. Candidates can also get the details from www.UPIChalega.com.
Here are the benefit of UPI payments:
How to use UPI
Once you have checked whether you bank supports UPI payments, you need to download the UPI supporting app like BHIM on your smart phone. Your mobile number must be registered with your bank account for purpose of verification. The list of UPI Apps are mentioned here
https://www.upichalega.com/upi-app.php (Photo: Pixabay)