UPI

 

For Availing this facility  Prime Bank Debit card must require

UPI refers to Unified Payment Interface Solution and it is an interoperable payment system which enables quick payment using a unique identifier – Virtual Payment Address and is linked with your Bank account. UPI Solution offers multiple features such as simplified on-boarding, availability of different transaction types, multiple ways to execute payment and seamless user experience. UPI has emerged as a preferred retail payment option within the digital payment ecosystem.

Payment can be done from Mobile, Web or other Application by knowing just unique remitter VPA. Similarly, payment can be received by account holder by giving a unique identifier. Unified Payment Interface thus allows making payment without knowing Beneficiary Account details.