First payments bank in India to integrate UPI on its payments platform, adding to customer choice and convenience for making digital payments and instant money transfers over smartphones
Airtel Payments Bank has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform. This will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money transfers to any bank account in India.
UPI enabled payments and money transfers will add another dimension to Airtel Payments Bank, which has a vast network reach, particularly in deep rural pockets, and a wide merchant ecosystem that accepts digital payments from its customers.
For UPI based payments and transfers, customers are not required to furnish their bank details to enable transactions and can create easy to remember IDs, ensuring optimal data security. Customers can also use MyAirtel app (Bank section) to scan any UPI QR code for making merchant payments. Online and offline merchants can leverage Airtel Payments Bank as a payment mode to accept payments seamlessly from their customers. UPI is now accepted across categories of merchants including billers, insurance , travel, retail etc. both online and offline .
How can customers create their Airtel Payments Bank UPI handle:
- Customers need to update their My Airtel App
- Select UPI from the ‘Bank’ section
- Create personalized handle name (E.g.: mobile [email protected]). Default will the customer’s mobile number
Customers can also link their Airtel Payments Bank savings accounts to any of their UPI handles on popular apps such as BHIM or UPI apps of other banks. This can be done by selecting Airtel Payments Bank from the link or change account section and select airtel payments bank from the listpost which customer details will be linked to the UPI handle automatically.