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An account holder can have any amount of vpas with the help of upi.
What is meant by vpa address. It helps identify an individual account and is unique to that specific account. Unified payment interface upi services offer customers the option to create any number of vpas for making and receiving payments. Vpa is a unique identifier that is mapped with an individual bank account.
Vpas are identities provided by upi for the account holder to receive and make transactions. Upi enables bank account holders of banks participating in upi to send and receive money using a virtual payment address vpa without entering additional bank information. Consider this like your email id where you can send and receive money instead of emails.
Virtual payment address vpa. It replaces the bank account details of the user. Vpa stands from virtual payment address which is popularly known as your unified payment interface upi id.
Virtual payment address vpa virtual payment address also referred as vpa is something like an email id which is given to an individual using the unified payment interface upi service to send or receive money. With upi fund transfers can be initiated without ifsc code or bank account number. Note that upi id upi address and vpa are all the same thing.
Areas of interest where vpa virtual payment address is mostly used. It is also called the upi id upi address. The vpa looks similar to an email address for example abcdcba oksbibank.
A virtual payment address vpa is an identifier that can be uniquely mapped to an individual account. A virtual payment address is an identifier that can be uniquely mapped to an individual account. Vpa is a unique address which simplifies the upi to function more securely.
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