You don’t need to enter UPI PIN to receive money in your account3 min read . Updated: 04 Jun 2019, 10:53 PM IST
- In order to transfer or receive using UPI, you need to have activated UPI for your bank account
- Some UPI apps also allow you to check if a particular number in your contact book is active on the platform
The Unified Payments Interface or UPI has moved ahead of e-wallets in terms of volume as well as value of digital transactions, mainly due to the simplicity of the system. However, it is this simplicity of UPI transactions that is now apparently aiding fraudsters to con people who may not pay attention to details.
Select your Category