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UPI Money Transfer Service: Now money can be transferred through voice command, know the method of UPI payment here

UPI Money Transfer: Unified Payment Interface i.e. UPI was launched in 2016. It has been created by National Payment Corporation of India (NPCI). It provided the facility to transfer money directly to the bank account in an easy manner. Before this, digital wallet was prevalent. There is hassle like KYC in wallet, whereas in UPI no such thing has to be done.

How to access UPI?

For UPI service, you have to create a virtual payment address. After this you have to link it to your bank account. The virtual payment address becomes your financial address. After this there is no need to remember your bank account number, bank name or IFSC code etc. The payment provider simply processes the payment request according to your mobile number and the payment is credited to your bank account.

If you have his UPI ID (e-mail ID, mobile number or Aadhaar number) then you can easily send money through your smartphone. Not only money but also net banking, credit or debit card will not be required for utility bill payment, online shopping, shopping etc. You can do all these things through the Unified Payment Interface System.

Now let us know the different ways to make UPI payment.

1. QR Code Scan & Pay

  • Tap on the QR code icon at the top of the home screen of any UPI app.
  • Point your phone’s camera at the QR code you want to scan on the screen.
  • You will be directly taken to the payment page, enter the amount here and tap on Process.
  • If there is a dynamic QR code, the payment amount automatically appears on the payment page.
  • Now enter the UPI PIN and tap on the payment option, your payment will be done.

2. UPI from mobile/account number

  • Tap on the mobile/account number icon on the home screen of any UPI app.
  • In the window opened on the screen, enter the mobile/account number for which payment is to be made.
  • After entering the mobile/account number, enter the amount and tap on Pay.
  • Enter UPI PIN and tap on payment option, your payment will be done.
  • Now to transfer money, enter the 6 digit UPI PIN and confirm.

3. Hello UPI, payment through voice command

To make payment through voice command option, you can do the mobile/account process by speaking. Currently this product is available only in Hindi and English languages, but soon it will be made available in many other languages also.

4. Payment through Billpay Connect

BillPay Connect will allow users to pay their bills over phone calls through the nationalized bill payment number launched by Bharat BillPay. Customers will be able to call this number and make payments using UPI through voice-enabled commands or by pressing digits on their phone.

5. Credit Line on UPI

Now you will be able to make payment through your mobile phone even if there is no money in your account. For this, National Payment Corporation of India (NPCI) has started the service ‘Credit Line on UPI’ to link credit line with UPI.

6. UPI Tap and Pay

  • Tap and Pay can currently be used on Google Pay.
  • For this, it is necessary to have NFC feature in the phone. To use this, NFC option should be turned on in your phone.
  • After this you will have to unlock your phone. Then you have to go near the POS terminal on the phone and tap.
  • Then Google Pay will open automatically.
  • After this the payment will have to be confirmed. Then UPI PIN has to be entered.
  • After this your payment will be completed.

7. UPI Lite

UPI Lite X allows users to transact in areas without connectivity. This is very effective for those areas where there are network problems. Also, if there is no recharge in the phone, then there will be no problem in making payment during that time. UPI LITE X works with the support of Near Field Communication (NFC). UPI LITE payment is much faster than other platforms.

However, for UPI Lite X transactions, users need to be close to each other’s devices. During a UPI transaction, money is instantly transferred from one bank account to another. The money is sent from UPI Lite to the on-device wallet or UPI Lite account.

A maximum of Rs 2 lakh can be transferred from UPI bank account in a day. The maximum limit of UPI Lite is Rs 500. The maximum limit for sending money in a day is Rs 4,000. But there is no such limit set for UPI Lite X.

How does it work

Transactions with UPI Lite X can be completed using the user’s UPI ID or linked phone number by scanning the QR code.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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