What is Unified Payment Interface UPI in India:- www.deekpay.com

　　The introduction of cashless payment systems in India is part of its digital transformation and the advent of Unified Payment Interface (UPI) has greatly simplified the online payment process in India. Before the advent of UPI, Indians did have to transfer money online through IMPS (Immediate Payment Services), which was relatively cumbersome to do as it required bank account details, the name of the account holder and an IFSC code.

　　Here are some of the advantages of the UPI system:

　　1. **Simplified process**: UPI allows users to transfer funds instantly through a simple application without having to provide cumbersome bank account information.

　　2. **Fast Payments**: UPI transfers can be done almost instantly, greatly increasing the efficiency of payments.

　　3. **Multi-bank support**: UPI supports multiple banks, allowing users to easily transfer funds between different bank accounts.

　　4. **Security**: UPI transactions are secured through multiple authentication, including biometric verification and password protection.

　　5. **Convenience**: Users only need to remember a virtual ID (usually a mobile phone number) to transfer money, eliminating the need to remember complex bank account numbers.

　　Below is a simplified process for UPI transfers:

　　- The user registers in the UPI application and creates a virtual ID, usually associated with a mobile phone number.

　　- The user associates a bank account with this virtual ID.

　　- When a user needs to transfer money, they simply enter the recipient's virtual ID and the amount of the transfer.

　　- The system will automatically process the transfer without the need to provide the bank account, account name and IFSC code.

　　The advent of UPI has significantly contributed to India's shift towards a cashless society, making payments more convenient and efficient. Here are some sample screenshots of UPI transfers:

　　! [Bank's own client](https://pic4.zhimg.com/v2-06e1d6e6053d4f47d5dc62ccd7d21999_1440w.jpg)

　　Bank's own client

　　! [Paytm](https://pica.zhimg.com/v2-3cb53bcb3ffd4bac16f6a1461c9f1126_1440w.jpg)

　　Paytm

　　! [Google Pay](https://pic4.zhimg.com/v2-b9b4c7cb315e16ca95ce67dc8606386d_1440w.jpg)

　　Google Pay

　　These screenshots show the interface for making UPI transfers on different platforms and you can see that the operation is very intuitive and simple.