How to transfer money using UPI India www.deekpay.com

Unified Payment Interface of India (UPI) is a system that integrates various bank accounts, smooth money routing and merchant payments into a single mobile app. Today, this technology is becoming increasingly popular.

The UPI system is simple, free and instant. You can trade through UPI 24/7, 365 days a year. By UPI transfersAll you need to do is to have a payment app that saves the payee's contact number in your mobile phone and then you can transfer funds from your bank account to the payee's account.

To help you do this, we've listed all the ways UPI allows you to transfer funds from one bank account to another.

How to useUPI transfers

UPI makes money transfers easy and secure. You can transfer money in any of the following ways

1. Select a contact or enter a mobile phone number

Select a contact from the phonebook or enter your mobile phone number, enter the amount to be transferred and then enter the PIN code. After a few seconds, your payment will be processed.

2. Enter UPI ID

activate (a plan)digital paymentapplication and enter the payee's UPI ID to send money using the UPI ID.

The required transfer amount must then be entered and your MPIN must be entered to confirm the transaction.

Your payment will be processed within a short period of time.

3. Adoption of account numbers and IFSC codes

This is a traditional payment method that UPI also supports. You can select the amount and insert your PIN after entering the payee's account number and IFSC, and in just a few seconds your transaction will be processed.

4. Adoption of the UPI QR code

By scanning the QR code of the recipient, you can also UPI remittances.

Launching on a mobile phonedigital paymentFor the mobile app, select the "Payment" option and then select the QR code.

Scan the QR code of the payee and enter the payment amount. After entering the PIN code, your payment will be processed within seconds.

How to passUPI transfers

You can follow the steps above byUPI remittances

Step 1: Launch acceptance on your smartphone UPI Tradingof mobile payment apps.

Step 2: Use your login information to access the application.

Step 3: Enter the payee's mobile phone number in the Payments app or select the payee from your phone's contact list.

Step 4: Enter the full amount to be transferred and click "Pay".

Step 5: Decide on the bank account to which you wish to send the money.

Step 6: Enter your secure PIN code and press the "Confirm" button to confirm the transaction.

Step 7: The amount entered will be debited from your bank account and credited to the payee's history.

Step 8: You will receive the transaction receipt on your mobile device and a second message on the Messages application informing you that the funds have been debited from your account.

reach a verdict

In short, NPCI has built a robust payment infrastructure through UPI that enables hassle-free, cashless transactions.

With multiple payment apps, simple enrolment and transaction stages, it is very easy to understand and use. We hope this blog has helped you understand how to send money via UPI ID as well as UPI remittancesThe basics of the