Want to know how to create upi id? Well you have landed on the right article , make sure you read the article carefully to know how to make upi id.
UPI is making the money transfer easy with time. Now, people don’t have to waste their time struggling with traditional money transfer methods such as NEFT and IMPS. They need to collect many details when using traditional money transfer methods.
Things are becoming convenient with the advancement of technology.
How To Create UPI ID (2022 Updated)
What is UPI ID?
Every user gets the virtual payment address (VPA), which is the form of the UPI ID. The user needs to generate an ID to access the UPI services. The person who gets the ID is the unique identifier with the unique identity.
The UPI ID is beneficial to track the user’s account bank transactions. Additionally, the next thing comes with the details of the bank that includes the bank name.
It is important to note that every bank prepares its format to create the UPI ID for the particular user. The user becomes eligible to create a profile using the UPI ID and using the bank information.
It is becoming mandatory that every user has an ID on the UPI, without which they cannot do the payment work on the online payment portals.
How To Create UPI ID In Paytm
The question arise "how to create a upi id" for that you must follow the process to create the UPI ID that includes the following steps. Every user looking to create the UPI ID has to follow this list of steps carefully.
The user can make use of the Paytm application to do login.
Check out the alternatives that are available on the app to create the UPI ID.
Now, you have to add your initials to the ID option allotted by the bank.
Users can go to the continue option and click on it.
You have to link the UPI ID to your bank account to use the UPI ID to make the payment through the different mobile wallets you are using online.
How to send money using UPI ID?
UPI ID is the easiest and convenient way anyone can send money anywhere. People are using the UPI ID extensively to make and receive payments and avoid using the traditional money transfer methods NEFT and IMPS.
Furthermore, it requires only one ID and the PIN so that the transaction can happen by using the UPI ID. These are the simple steps to send the money using the UPI ID.
The first step to sending money using the UPI ID is to have the UPI ID and bank account linked.
You should have the UPI ID of the person to which you have to send the money.
Soon, you will get the UPI ID. The next thing is to add the login information, including the ID and password in it.
Add the amount you want to send to that person. Then, you can click on the ‘Send Money’ option.
Choose the bank account in which you desire to transfer the amount.
Add all the details about the amount and click on the ‘Send’ option.
The amount is sent to the personal account you want to send to.
How to change UPI ID?
It is super easy to make the changes in the UPI ID. Below are steps to change the UPI ID for the BHIM users
Open the BHIM App on your mobile phone.
Then, tap the profile that is available on the app.
You will acquire the alternative to make changes in the UPI ID on your profile.
Do the changes on the app related to the UPI, and then tap on the confirm option provided there.
Google Play users steps to change the UPI ID
The Google Pay users can change the UPI by using the app.
They have to open the app and tap on their profile after that.
Check the payment methods available on the app and tap on them.
Select the bank account that is the UPI ID you want to change on the app.
Tap on that particular UPI ID, make the changes, and tap on the + sign.
How to use your UPI ID?
Share the UPI ID or VPA with your clients and family members to receive the payments. On the other hand, if you want to make payments to a particular person, ask them about their UPI ID. UPI ID is a useful detail for receiving and making the payment.
You can share them instead of the bank account information. It is useful for small business owners to receive payment from the customers through the UPI ID.
Conclusion
The extensive use of receiving and making payments through the UPI ID facilitates easy money transfer. Now, people don’t need to struggle with the bank account details to do the money transfer.
They require only a simple UPI ID and payment online through different online payment applications.
I hope you liked our article on how to create upi id, and it must have solved your queries such as what is vpa in paytm, what is upi id in paytm, how to find upi id in paytm (how to see upi id in paytm) or how to generate upi id
if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
1. How can I get my bank UPI ID?
You can get the UPI ID from the payment app, which you are using like Google Pay, BHIM and Paytm. You have to visit your profile on the app and check for the UPI ID available there.
2. What is UPI ID example?
The UPI payment system requires the UPI ID. The beginning of the UPI ID contains your mobile number followed by the @ symbol and the app name, which you use to receive and make the payment accordingly. Paytm UPI ID Example: You are using the Paytm app xxxxxxxxxx@Paytm.
3. How do I recover my UPI pin?
If you are a Google Pay user, then follow the steps to recover the UPI PIN.
- The first step is to open the Google Pay app.
- Then, tap on the photo that is present on the app.
- Select the bank account in which you want to make the settings.
- Tap to the ‘Forget PIN’ option there.
- Enter the last 6 digits of the debit card to recover the UPI PIN.
- Create the new UPI Pin in the next and then, for the confirmation, enter the OTP, which you will get on your registered mobile number.