Are you ready to make your money transfer as easy as sending a text message? Can you imagine sending money from your bank account to another person’s bank account with just a few swipes and clicks on your smartphone? This can be done with the help of the UPI payment app. There is no more need to deal with cash and cards. Are you curious to know how? Well, you are in the right place. This post will help you to understand the complete guide on how to share your money with a UPI app.
Use of UPI to transfer money
You can transfer your money using any UPI app in multiple ways. You can easily and conveniently make transactions instantly, whether it is a mobile number, QR code, UPI ID, or even bank account number. Below are some of the ways you can transfer your money with the mobile banking app.
- Select a contact or enter a mobile number.
You can send money easily, just as simply as sending a text message. Just choose a contact from your phonebook to whom you want to transfer money. After this, you should specify the amount you want to send, and you will have to enter your UPI PIN.
- Scan a UPI QR code
You can even send your money with the UPI app just by scanning the recipient’s QR code. You have to just open your UPI app, click on the scan option, and proceed to pay. After scanning the QR code of the recipient, enter the amount to be sent and your UPI PIN, and your payment will be completed within seconds.
- Enter UPI id
To send money through the UPI ID, you need to install the UPI app and enter the recipient’s UPI ID. Next, you must enter the amount and PIN number in the same way mentioned before. You can also make payments with your bank account number and IFSC code, the same as before, to make transactions.
Safe and Secured Transactions
UPI app is developed with the utmost safety for their customers. UPI app provides multifactor authentication to keep your payment data and details safe. They also provide notifications in case of any withdrawals or deposits to keep you alert anytime. This helps you to prevent or to instantly know if there are any fraudulent activities and take necessary actions.
UPI vs. Other Payment Methods
One of the most important features of the UPI app is that it eliminates the need to carry cash and cards. You don’t need to worry about keeping exact changes of money for what you purchase. Another thing is that you can instantly pay your mobile recharge, electricity bill, and any other payments without visiting the bank.
Moreover, this eliminates the traditional visit to the banks and eliminates the long wait in the bank.
Final Thoughts
With these guides, you can share your funds instantly and safely with the UPI app. You can also check bank balance and monitor your transactions with the ease of staying at home. Download the UPI app now to enjoy the utmost benefit it offers.
