What is VPA in UPI
Transfers to UPI Linked Bank Accounts in India
With Paysend you can send money via the Unified Payments Interface (UPI) ID if you wish. With Paysend you can send money via the Unified Payments Interface (UPI) ID if you wish. This payment method allows you to instantly transfer money to a bank account in India.
What is a UPI ID and how do you get it?
A UPI-ID is a virtual payment address (VPA) that uniquely identifies a person. It is possible to send money to someone in India with just this ID.
Your UPI ID can be created with your bank's mobile app, e.g. ICICI, SBI, HDFC, etc., or by using other UPI apps such as Bhim, PhonePe, Google Pay, PayTm, etc.
How to send money with a UPI
A UPI ID is like an email ID and could look like this: “Recipient_name @ bank_name” or “Telephone_number @ bank_name”.
If you want to send money to someone with a UPI ID, all you need is the recipient's UPI ID. You don't need to ask the recipient for their account number, account type, bank name or IFSC code.
To send money to a recipient in India using a UPI ID with Paysend, select this as your payment method for a wire transfer.
You can send a maximum of INR 100,000 via UPI transfer. If you need to send more than INR 100,000, please use a regular bank transfer.
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