Google Pay: Know how to create UPI ID to make online payments

tech.hindustantimes.com:

Online payments have gained pace all over the world, but there is some confusion on how to go about it initially for most people. There are several online payment applications using which you can do so like Google Pay, Paytm, Phonepe, among others. In order to make online payments, you need to have a UPI ID. The offline money transferring process is a bit complex and in order to get rid of the offline process you can use UPI mode of transferring money. It can be known that UPI payments require only a UPI ID/mobile number/QR, which is unique to every user in order to make payments.

You need to have an UPI ID in order to use UPI payment applications like Google Pay, Paytm, among others. But do you know what UPI ID is? According to a Paytm blog post, an UPI ID acts as a virtual payment address for online transactions/money transfers. Every user is required to generate a UPI ID in order to access the UPI services as a unique identifier for the user’s identity. The UPI ID acts as a way for the banks to track the user’s account. Also Read: How to apply Apple Watch Pride edition watch face on Watch Series 7, Watch SE, and older models

A UPI ID is written in the format- abcd@bank (where, ‘abcd’ can either be your first name, a part of your email address, or your mobile phone number, and ‘bank’ is the name/initials/shortened name of the bank – providing services to the UPI app – with some prefix or suffix added in some cases).