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How to receive money from your friend using UPI?

Friday, December 23, 2016, 2:42 PM

You need to click on receive/collect money tab, on your UPI app. Enter the virtual payment address of your friend, whom you want to receive money from. Enter the amount you want to receive. You can even set a request validation time. A validation message goes to your friend, who validates it and enters his M-Pin. You receive the amount immediately.
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What is UPI?

Thursday, December 8, 2016, 11:53 AM

UPI is a payments system, just like a cheque, debit card or a mobile wallet. Using UPI, you can transfer money between any two bank accounts, just by using your smartphone. Using UPI you (customer), can pay different merchants, directly from your bank account, without the headache of typing credit card details, IFSC code or having to remember net banking or mobile wallet passwords.
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