Unified Payment interface (UPI) Overview The Unified Payment Interface or the UPI is an interface via which you can transfer money between bank accounts across a single window. The first major step taken by India to achieve a cashless economy was the introduction of UPI. With the help of this, your smartphone can be used as a virtual debit card. This means you can send or receive money or scan a quick response (QR) code to pay an individual, a merchant or a service provider to shop, pay bills or authorize payments. Features instant Money Transfer ₹ 1,00,000/- per transaction Maximum ₹ 1,00,000/- per day Available 24*7*365 Days UPI Transaction Limit Maximum Amount Per Transaction ₹ 1,00,000/- Maximum Amount Per Day ₹ 1,00,000/- Maximum Transaction Count Per Day 20 Security Tips Do not share your UPI Pin with anyone. Before sending money, validate the UPI ID. QR scan is for paying money, not for receiving money. Contact your bank branch immediately in case of frauds. Additional Links
