How To Download UPI App On Your Mobile
Make instant and secure payments from any of your linked accounts with VPA process using Axis UPI app. No need to remember your bank account number & IFSC.
Make instant and secure payments from any of your linked accounts with VPA process using Axis UPI app. No need to remember your bank account number & IFSC.
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<strong>How</strong> <strong>To</strong> <strong>Download</strong> <strong>UPI</strong> <strong>App</strong> <strong>On</strong> <strong>Your</strong><br />
<strong>Mobile</strong><br />
Unified Payment Interface (<strong>UPI</strong>) is a mobile payment system which allows you to do a various financial<br />
transaction on your smartphone. <strong>On</strong>ce the application is downloaded, the customer needs to create a<br />
unique ID by adding his bank account details. The customer can use and install the <strong>UPI</strong> easily. Just follow<br />
the below-mentioned steps. Bank customers can do a financial and non-financial transaction using <strong>UPI</strong><br />
app. Financial transactions include transferring funds to the intended beneficiary.<br />
Non-financial transactions such as: <strong>Mobile</strong> Banking Registration for only registered numbers Generate<br />
<strong>On</strong>e Time Password ( OTP) Set or Change PIN Check Transaction Status Raise Dispute/ Raise query What<br />
are the different channels for transferring funds using <strong>UPI</strong>? Individuals can use different channels to<br />
transfer funds using <strong>UPI</strong> such as: Transfer through Virtual ID Account Number + IFSC <strong>Mobile</strong> Number +<br />
MMID Aadhar Number Collect / Pull money basis Virtual ID <strong>To</strong> install the same, customer should have an<br />
account with the bank who is registered with <strong>UPI</strong> for providing payment solutions.<br />
Simple steps to download <strong>UPI</strong> <strong>App</strong> on your mobile 1. <strong>Download</strong> Upi <strong>App</strong> of your bank from Google Play<br />
store. 2. Login and create virtual address (say for example Virtual ID can be 12345@ICICI) 3. Add your<br />
bank account details 4. Generate <strong>Mobile</strong> PIN or mPIN for <strong>Mobile</strong> Banking 5. Individual will also have an<br />
option to link the Aadhaar number Things <strong>To</strong> Know Individuals can link several bank accounts to the<br />
same virtual address. <strong>UPI</strong> provides for real time reversals for technical declines and amount would be<br />
transferred back to the payer account immediately In any transaction through <strong>UPI</strong>, PIN would be<br />
required which needs to be fed through the mobile at the time of any transaction making it safe and<br />
secured. A customer cannot link a wallet to <strong>UPI</strong>, only bank accounts can be added.In <strong>UPI</strong>, one can do up
to 20 transactions for an amount of Rs 1 lakh per day. This is to remember that <strong>UPI</strong> can be worked only<br />
on mobile with features of <strong>App</strong>s download.<br />
Source: http://bit.ly/2lypFSS
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