Mint classroom: How to use a UPI-enabled app

To use a UPI-enabled app, you need an Android smartphone, a bank account and a registered mobile number linked to your bank account


In August this year, major banks went live with National Payment Corporation of India’s (NPCI) unified payment interface (UPI). Many banks now offer UPI-enabled apps on the Google Play store. To use a UPI-enabled app, you need an Android smartphone, a bank account and a registered mobile number linked to your bank account. Mint explains how to use the apps.

Step 1:
You will have to first download a UPI-enabled app on your Android phone from the Play store. To use it you will have to register yourself by entering details such as your name and create a six-digit passcode. Once you are registered, you have to enter your bank details. Here you will have give your your bank name. Once you enter your bank name, automatically your bank account details will be populated. It will display last four digits of the account number with a blank space to create your virtual ID. The process can vary from bank to bank.

Step 2:
After creating your virtual ID, the next thing you have to do is to create your MPIN (or mobile PIN), which is possible when you provide your debit card details. If you don’t want to disclose your debit card details, you can request for a one-time password (OTP) on the app to create an MPIN.Once you create the MPIN, you can start your transactions.In case of Axis Pay app, to send money, you will have to go back to the main page and click on the send option. Next, tap on the ‘my account’ option, which will automatically get linked to your account .

Step 3:
In the ‘receiver’ option, you can choose any bank account. If the receiver bank is UPI enabled and the receiver already has a virtual ID, you can just enter her virtual ID and send money. However, if the receiving bank is not on the UPI-enabled platform, you will have to enter bank account number and IFSC. Once you enter the details and the amount, you will be directed to a page to enter remark. Next, you will have to enter your MPIN which you created, and the transaction will be completed. Watch out for glitches as the system is still not stable.