Best UPI APPS 2022: Hey Guys, today we are Going to discuss with you Future of Payment System that is UPI (Unified Payment Interface ). UPI is Game-changing Payment Technology which is changing all old & Complicated Payment Sending systems and making One-click Money transfer system Via APP.
In recent data showing us UPI payments in India is on a boom and Paytm leading the market with other comparative apps so we are listing those apps in here also
What is UPI & How it Works?
UPI is new Sensational Technology which is Changing Banking. UPI is introduced in order to facilitate a faster and more reliable transaction.
UPI full form is Unified Payments Interface which is the successor of IMPS (Immediate Payment Service) which helps you in sending money to anybody within your bank or other banks instantly. The settlement of Fund is in Real-time & hassle-free.
UPI Working is very simple and easy to set up that is the plus point of this tech. With UPI you need simply a Mobile Phone & Bank account from which you send money from one party to another party.
From Bank Registered mobile number You can setup UPI System to any Unified Payments Interface Apps like BHIM, Paytm UPI, PhonePe, Google Tez, etc after a one-time setup You can send money in real-time to any UPI users. or Bank accounts within few seconds.