{"id":4665,"date":"2021-10-17T06:06:19","date_gmt":"2021-10-17T06:06:19","guid":{"rendered":"https:\/\/www.indifi.com\/blog\/?p=4665"},"modified":"2026-05-05T09:43:55","modified_gmt":"2026-05-05T09:43:55","slug":"all-about-upi-full-form-registration-pin-app","status":"publish","type":"post","link":"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/","title":{"rendered":"All About UPI &#8211; Full form, Registration, PIN, App"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"397\" height=\"300\" src=\"https:\/\/www.indifi.com\/blog\/wp-content\/uploads\/2021\/10\/UPI.jpg\" alt=\"\" class=\"wp-image-4666\"\/><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-green-cyan-background-color has-background wp-element-button\" href=\"https:\/\/www.indifi.com\/msme-loans?utm_medium=Blog&amp;utm_source=Web_Blog\" target=\"_blank\" rel=\"noreferrer noopener\">Apply Loan Online<\/a><\/div>\n<\/div>\n\n\n\n<p>UPI stands for Unified Payment Interface. It is a system that enables the operation of multiple bank accounts into a single mobile application, thereby merging numerous banking features and allowing smooth fund routing and merchant payments. All one requires is a smartphone as your virtual debit card and an active bank account. That\u2019s all you need now for instant mobile payments!<\/p>\n\n\n\n<p>This initiative was brought into action by the Government of India to boost India\u2019s efforts into becoming a cashless economy. The National Payment Corporation of India (NPCI) supervised a pilot launch of the UPI system in April 2016 with 21 member banks. NPCI has also launched Immediate Payment Service (IMPS) and oversees the RuPay payment network, allowing banks to interconnect to enable fund transfers. UPI is regarded as the advanced version of IMPS.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_67_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#UPI_ID_and_PIN\" title=\"UPI ID and PIN&nbsp;\">UPI ID and PIN&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#UPI_framework_function\" title=\"UPI framework function\">UPI framework function<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#Is_UPI_unique_and_beneficial\" title=\"Is UPI unique and beneficial?\">Is UPI unique and beneficial?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#UPI_registration\" title=\"UPI registration\">UPI registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#Transfer_moneypay_bills\" title=\"Transfer money\/pay bills\">Transfer money\/pay bills<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#Request_money_through_UPI\" title=\"Request money through UPI\">Request money through UPI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#Apps_that_allow_UPI_access\" title=\"Apps that allow UPI access\">Apps that allow UPI access<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.indifi.com\/blog\/all-about-upi-full-form-registration-pin-app\/#UPI_charges\" title=\"UPI charges\">UPI charges<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPI_ID_and_PIN\"><\/span><strong>UPI ID and PIN&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>UPI ID is an acronym for Unique Identification for a bank account vital to recognise an individual\u2019s bank account while initiating monetary transactions. UPI ID is a personal identification number that ultimately authorises any money transfer through the UPI platform. You can create your UPI ID by entering your bank account details on the app. The app will send a one-time password (OTP) to your registered mobile number to authenticate the transfer. After you enter the OTP, the app will navigate to create your PIN for the UPI ID. Usually, the format of UPI ID is your mobile number followed by \u201c@\u201d and the app you are using for it.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/www.indifi.com\/blog\/aadhaar-card-download-complete-guide-to-download-for-e-aadhaar\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.indifi.com\/blog\/aadhaar-card-download-complete-guide-to-download-for-e-aadhaar\/\">Aadhaar Card Download \u2013 Complete Guide to Download for E-Aadhaar<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPI_framework_function\"><\/span><strong>UPI framework function<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Now, you do not have to follow the traditional money transfer methods by memorising bank details. You can quickly transfer the money through UPI by entering the receiver\u2019s Aadhaar number, registered mobile number, or UPI ID. To initiate a transaction through UPI, you can choose from the provided three methods, i.e.,<\/p>\n\n\n\n<ul>\n<li>Entering the UPI ID of the sender and receiver, or;<\/li>\n\n\n\n<li>Adding the receiver\u2019s bank account information, or;<\/li>\n\n\n\n<li>Scanning the QR code,<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_UPI_unique_and_beneficial\"><\/span><strong>Is UPI unique and beneficial?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are several benefits that you can benefit from using the UPI. For instance,<\/p>\n\n\n\n<ul>\n<li>&nbsp;Instant money transfers and transactions are available round the clock with 0% additional charges.<\/li>\n\n\n\n<li>Simple user interface available at the click of your fingers.<\/li>\n\n\n\n<li>Easy access to different bank accounts through a single mobile application.<\/li>\n\n\n\n<li>Safety and security. A 2-factor authentication provides security and seamless single-click payments. Also, the customers will receive prompt notifications if the merchant is an unauthorized dealer. In addition, you will never have to enter your bank or card details while transacting. Instead, enter your virtual UPI ID and PIN to authenticate the transactions.<\/li>\n\n\n\n<li>You can timely pay your rent and utility bills, avail different services during online shopping or at departmental stores.<\/li>\n\n\n\n<li>&nbsp;Put forward your complaints directly from your Mobile App.<\/li>\n<\/ul>\n\n\n\n<p>Also Read: <a href=\"https:\/\/www.indifi.com\/blog\/the-udyog-aadhar\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Udyog Aadhar<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPI_registration\"><\/span><strong>UPI registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As a preliminary step, everyone must register their account on UPI-supported apps to generate their virtual UPI IDs. The guide below will tell you more about the steps for registration as follows:<\/p>\n\n\n\n<ul>\n<li>Download the UPI app from your App Store or Bank websites.<\/li>\n\n\n\n<li>Create your profile on the app by providing all the required information, such as name, payment addresses, etc.<\/li>\n\n\n\n<li>Next, select the option to \u201cAdd\/manage\/link bank account\u201d and connect your bank account with your virtual ID.<\/li>\n\n\n\n<li>&nbsp;After you have created your virtual IDs, you need to set up a UPI PIN to secure and authorise your transactions later. To set up your UPI PIN,<\/li>\n\n\n\n<li>Select a bank from which you wish to operate your online transactions. You will receive an OTP from the selected bank to your registered mobile number.<\/li>\n\n\n\n<li>Next, you must enter the last six digits of your debit\/credit card and the expiry date provided on the card.<\/li>\n\n\n\n<li>Now, enter the OTP and create your numeric PIN. Click on &#8216;Submit&#8217;.<\/li>\n\n\n\n<li>&nbsp;On the notification, select the option of &#8216;Success&#8217;.<\/li>\n<\/ul>\n\n\n\n<p>Also Read: <a href=\"https:\/\/www.indifi.com\/blog\/how-article-370-affected-smes\/\">How To Check Your CIBIL Score Using Your Pan Card<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Transfer_moneypay_bills\"><\/span><strong>Transfer money\/pay bills<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Transferring money or paying your monthly bills has never been this hassle-free. You can do so within seconds through UPI by following these steps:<\/p>\n\n\n\n<ul>\n<li>Login to your UPI-supported payment app.<\/li>\n\n\n\n<li>To make regular payments or transfer money, select the option to &#8216;Send Money or &#8216;New Payment&#8217; and proceed to pay either through &#8216;Scan QR&#8217; or by entering the beneficiary\u2019s registered mobile number. Next, enter the amount you wish to pay or send to the other party and proceed. Next, you will be automatically prompted to enter your UPI PIN and confirm.<\/li>\n\n\n\n<li>After logging in, move to the \u2018Recharge and Bill Payments&#8217; section to pay your monthly or utility bills. Select the bill you wish to pay, such as mobile recharge, electricity, gas cylinder, DTH recharge, credit card bills, etc. Next, select your biller from the provided list and enter your consumer details. Now, select to pay and enter your UPI PIN to authenticate the transaction from your end.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Request_money_through_UPI\"><\/span><strong>Request money through UPI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li>Login to your UPI-supported payment app.<\/li>\n\n\n\n<li>Move to the option of \u2018Collect Money\u2019 or \u2018Payment Request\u2019.<\/li>\n\n\n\n<li>Enter the payer\u2019s virtual ID and the amount you have to receive, and the account to be credited.<\/li>\n\n\n\n<li>The payer will receive a notification to make the payment. Next, click on the \u2018confirm\u2019 tab.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Apps_that_allow_UPI_access\"><\/span><strong>Apps that allow UPI access<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As official government authorities regulate the UPI system, several apps have associated themselves with allowing UPI access on their platforms. UPI can be accessed on all platforms, such as Android and iOS. The major apps such as Google Pay, Paytm, PhonePe, Mobikwik, and FreeCharge support UPI payments. You only need to verify and link your bank accounts to these apps to generate your UPI ID to start instant online transactions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPI_charges\"><\/span><strong>UPI charges<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Unlike regular bank transactions, where a standard rate is applied for executing monetary transactions, UPI does not charge any additional sum to complete transactions. Even banks that provide UPI facilities do not charge during such transactions.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UPI stands for Unified Payment Interface. It is a system that enables the operation of multiple bank accounts into a single mobile application, thereby merging numerous banking features and allowing smooth fund routing and merchant payments. All one requires is a smartphone as your virtual debit card and an active bank account. That\u2019s all you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[141],"tags":[],"_links":{"self":[{"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/posts\/4665"}],"collection":[{"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/comments?post=4665"}],"version-history":[{"count":3,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/posts\/4665\/revisions"}],"predecessor-version":[{"id":15063,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/posts\/4665\/revisions\/15063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/media\/4666"}],"wp:attachment":[{"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/media?parent=4665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/categories?post=4665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indifi.com\/blog\/wp-json\/wp\/v2\/tags?post=4665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}