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In this guide, we'll break down the UPI ID meaning, how it works, and why it's become such a big deal in the world of digital payments. We'll also cover how to get your own UPI ID and how to use it safely. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. UPI IDs facilitate payments between customers and merchants. The UPI ID, also known as Virtual Payments Address (VPA), is unique to each customer. Users can share their UPI ID instead of sharing their bank account details with customers or family members when they need to receive payments.