How UPI works

UPI (Unified Payments Interface) moves money instantly between bank accounts using a UPI ID or QR code.

The golden rule

You enter your UPI PIN only to send money. Never to receive it. If someone says “enter your PIN to receive ₹5,000”, it is a scam.

Pay vs collect

• Pay: you send money to someone.
• Collect request: someone asks you to pay. Approving it sends your money to them.

Good habits

• Check the name that appears before you confirm.
• Scan QR codes only to pay, not to get paid.
• Set daily limits in your app.
• Report wrong transfers to your bank and through the app’s complaint option quickly.