Transfers via UPI to bank accounts in India

2022-08-30

Paysend allows you to make transfers using Unified Payments Interface (UPI) ID, instantly crediting bank accounts in India.

What is UPI ID?

A UPI ID is a virtual payment address (VPA) used as a form of identification.

A UPI ID appears similar to an email address, for example:

  •  recipient name@bankname
  •  phone number@bankname

To generate a UPI ID

  • Complete a bank application, for example, ICICI, SBI, HDFC, etc.
  • Use other special UPI applications Bhim, PhonePe, Google Pay, Paytm, etc.

How to transfer money using UPI?

To send a transfer to India via Paysend using UPI ID, select this option as a method of crediting funds. 

The limit for a one-time UPI transfer is 100,000 INR. If you need to send more than this amount, select the option of crediting funds to a bank account.