Virtual payment address: Understanding VPA

Understanding VPA: Your Key to Secure and Instant UPI Payments VPA, or Virtual Payment Address, is a crucial part of the UPI system that facilitates easy and secure digital transactions without sharing bank details. It functions like a unique address, allowing users to create their UPI ID in just a few minutes and instantly send or receive money. Virtual Payment Address is a unique ID used for UPI payments throughout India. It provides a secure and instant fund transfer between bank accounts, without the need to share any bank details like, bank account number, branch name, IFSC code separately while doing a transaction. Know how to find your VPA (Virtual Payment Address) in UPI. Follow simple steps to check or retrieve your UPI ID in popular banking apps. A UPI ID or VPA (Virtual Payment Address) is a unique ID that is used to make UPI payments in place of bank account details. A PhonePe UPI ID is a unique ID linked with your bank account which has at least 3 characters followed by a handle (@ybl / @ibl).