BHIM UPI is a service provided by a bankQuick Enquiry
Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience.
Benefits for end Customers
Benefits for Merchants
Steps for Registration
Generating UPI – PIN
PUSH – sending money using virtual address
PULL – Requesting money
UPI supports the following financial transactions viz
UPI will support following types of non-financial transactions on any PSP App viz.
* Mobile Banking Registration is possible only if the mobile number (which is to be registered) is registered with the Issuer Bank for SMS Alerts/mobile alerts.
UPI can be accessed on all platforms viz. Android / iOS.