Originally used only for recharges and utility payments, these are now popular for person-to-person money transfers. Another method that doesn’t even require you to share your bank account details is the Airtel Payments Bank UPI platform , which is the easiest and fastest way to transfer funds.UPI is a revolutionary method of money transfer that has been enabled by banks. Airtel Payments Bank has become the first payments bank in India to integrate the UPI on its digital platform.Airtel Payments Bank UPI can facilitate instant fund transfers between two bank accounts on the mobile platform without asking for the beneficiary’s account details. You can even personalise this VPA with your name or number; for example- viveksingh@airtel or 9900000000@airtel.Airtel Payments Bank UPI not only enhances user experience, but also makes digital payments extremely simple. 20,000, Airtel Payments Bank UPI allows you to transfer money to any bank account or payment app, completely changing the way we transact today.Convenience and timeliness are key drivers for the on-the-go generation, and Airtel Payments Bank UPI offers both.

Source: Economic Times October 06, 2017 05:48 UTC