New Delhi. The trend of digital payment is increasing in the country. For digital payment, a facility like Unified Payment Interface i.e. UPI allows you to easily transfer money from home. UPI is a real time payment system. For this, you only need UPI supporting apps like Paytm, PhonePe, Bhim, GooglePay etc. To make UPI payment, you first have to create a UPI ID which you can create on UPI apps like PayTm, Google Pay, PhonePe etc.
Your bank account or Rupay credit card or overdraft account etc. are linked to the UPI app. If you also make UPI payments through your mobile, then this news is going to prove very useful for you. If your smartphone ever gets stolen or lost, then someone can commit fraud with the help of your UPI account. In such a situation, if the phone is lost or stolen, then first of all the UPI ID should be blocked.
FIRST PUBLISHED : December 12, 2023, 17:59 IST