Transfers via UPI to bank accounts in India

Paysend supports money transfers to India using the Unified Payments Interface (UPI) ID, enabling instant credit to bank accounts.

What is a UPI ID?

A UPI ID is a unique identifier that acts as a Virtual Payment Address (VPA) for making and receiving payments in India. It is typically similar to an email format and is specific to each user. Examples of a UPI ID are: *recipientname@bank* or *1234567890@bank*, where 'recipientname' stands for a username and '1234567890' stands for a mobile number.

How do I send money using UPI?

To send money to India via Paysend using a UPI ID, follow these steps:

• Select UPI ID as the method to send money.
• Enter the recipient's UPI ID correctly.

Please note:

The maximum limit for a single UPI transfer is 100 000 INR. If you need to send a higher amount, please opt for a bank transfer or card transfer instead.

How your recipient can generate a UPI ID:

• Register through the mobile application of a participating bank (e.g., ICICI, SBI, HDFC).
• Alternatively, they can use dedicated UPI apps such as BHIM, PhonePe, Google Pay, Paytm and others.

UPI transfers offer a fast and secure way to send money, ensuring that your funds are quickly credited to the recipient's bank account without the need for bank account details.