5 Interesting Aspects of VPA in CU UPI Payment App
Hey CU User! Do you know there are a lot of things you can do with your VPA in regard to payments? Here are 5 such things: -
VPA Sharing
You can share your VPA with anybody, same as you do with your email ID. Any security issues that you need to worry about? No, you don’t. A UPI payment app is the best way to transfer money. Rest assured, no one can steal your money simply knowing your VPA, there are many other security protocols in place.
Make Payments
Making payments is very easy with VPA. Use your VPA to pay to another person. Simply enter the other person’s VPA or account number, type in the amount you want to send and done. Payments are made immediately and there is no wait time. Money sent is transferred directly to the bank account of the receiver. This makes CU the best UPI app for money transfer.
Receive Payments
Same goes for receiving payments. Simply share your VPA with anyone who wants to send you money. Money is transferred directly into your bank account.
Request Payments
You can also request or demand money from anyone whose VPA you know. Enter the person’s VPA you want to request money from, punch in the amount and hit submit to send a request. Sending a payment request is same as sending a friend request, the other person must authorize or approve the transaction for it to carry through.
Link your bank account
You can link a primary bank account to your VPA. This will be the account you do most of your transactions through. Any money that you send or receive from someone, you can directly transact via this bank account. You can select any of your bank accounts to change them to primary account for UPI transactions from CU UPI Payment App itself.
Source: https://medium.com/@cupays/5-interesting-aspects-of-vpa-in-cu-upi-payment-app-a1e71dd02fe8