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Just to clear things up since some of the other comments seem unsure or have partial information, UPI requires a cell phone, a cell phone number and the bank ac

by wtmt 5y ago

Just to clear things up since some of the other comments seem unsure or have partial information, UPI requires a cell phone, a cell phone number and the bank account linked with the cell phone number. It cannot be used from a computer (IMPS, which is like UPI’s cousin with a slightly more cumbersome interface, can be used from a computer). The primary form of UPI usage is from smartphone apps (provided by banks or by the operator of UPI, which is the NPCI BHIM app). See the UPI overview page [1] by NPCI (a private consortium operating UPI, IMPS and a few other services). [1]: https://www.npci.org.in/what-we-do/upi/product-overview https://www.npci.org.in/what-we-do/upi/product-overview

rg111 5y ago
Thanks. But if one just needs to send or receive money does one need to share one's cell phone number to this 2nd party?
- scriptdevil 5y ago
  You don't need to - you can also share your unique UPI ID which is text like username@bankcode
- wtmt 5y ago
  GP here. No, you don’t necessarily have to share your cell phone number as the sender or as the receiver. But take note of the details below. UPI assigns/allows one or more Virtual Payment Address (VPAs) for each account, which looks kinda like an email address. The default VPA is usually phone-number@bankname, but you can (and should) disable that default VPA (mainly because UPI also has a payment request mode where anyone can request anyone else for money and there are plenty of scams with that and enumerable phone numbers). Instead, create the VPA as some-random-name@bankname (assuming nobody else has taken that). The sender and the receiver would know the VPA of the counter-party as well as the full name of the person (the name gets displayed before confirming a payment, and is helpful to know that it’s going to the right person). Also note that while some banks allow only one VPA for an account, some banks allow several VPAs for the same account (think of them as similar to what email aliases are for the same email account). So you could have mybusiness@bankname for your clients to send business payments, mybigdinnerparty@bankname for your friends to send their share of the dinner party bill, and so on — all linked to your name and the same bank account.

by wtmt 5y ago

rg111 5y ago

Thanks. But if one just needs to send or receive money does one need to share one's cell phone number to this 2nd party?

scriptdevil 5y ago
You don't need to - you can also share your unique UPI ID which is text like username@bankcode
wtmt 5y ago
GP here. No, you don’t necessarily have to share your cell phone number as the sender or as the receiver. But take note of the details below. UPI assigns/allows one or more Virtual Payment Address (VPAs) for each account, which looks kinda like an email address. The default VPA is usually phone-number@bankname, but you can (and should) disable that default VPA (mainly because UPI also has a payment request mode where anyone can request anyone else for money and there are plenty of scams with that and enumerable phone numbers). Instead, create the VPA as some-random-name@bankname (assuming nobody else has taken that). The sender and the receiver would know the VPA of the counter-party as well as the full name of the person (the name gets displayed before confirming a payment, and is helpful to know that it’s going to the right person). Also note that while some banks allow only one VPA for an account, some banks allow several VPAs for the same account (think of them as similar to what email aliases are for the same email account). So you could have mybusiness@bankname for your clients to send business payments, mybigdinnerparty@bankname for your friends to send their share of the dinner party bill, and so on — all linked to your name and the same bank account.