What is UPI? Unified Payment Interface Explained #Digitalindia (In Hindi)

Hello Friends
,
This video will explain you indian new payment method named UPI Unified Payment Interface through which you can send payment in india instantly, realtime freely.

This video will explain:

What is UPI?
What is the advantage of UPI Funds transfer over other fund transfer mechanisms?
What is a Virtual Payment Address (VPA)?
How can I generate a VPA?
How can I transfer money using a VPA?
How can I receive money using a VPA?
What is MPIN in UPI?
UPI Bank APP Names.

UPI Charges:

Currently there are no charges for transactions done through UPI. There may be revisions on charges from time to time.

UPI Supported Bank List:

Allahabad Bank
Andhra Bank
Axis Bank
Bank of Maharashtra
Canara Bank
Catholic Syrian Bank
DCB Bank
Federal Bank
HDFC Bank
ICICI Bank
Karnataka Bank
Kotak Mahindra Bank
Oriental Bank of Commerce
Punjab National Bank
South Indian Bank
State Bank of India
TJSB Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank
Yes Bank
Bank of Baroda
Central Bank of India
HSBC
IDBI Bank
IDFC Bank
IndusInd Bank
RBL Bank
Standard Chartered Bank