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The National Payments Corporation of India (NPCI) has made a big and great change for millions of people using UPI (Unified Payments Interface), which will now make the method of digital transactions even easier and accessible! Now you will also be able to send and receive money from UPI without adding your bank account directly. This is indeed a revolutionary step in the field of Indian digital payment.

How will this change be possible?

This change will be done through the use of prepaid payment instruments (PPIS). Its simple and simple means that now you will be able to send money easily by scanning the UPI QR code or using UPI ID from your mobile wallet, such as Paytm, PhonePe, Freecharge or any other UPI.

Earlier, it was mandatory for a bank account to be directly connected to UPI to pay from UPI. The Reserve Bank of India (RBI) had already given permission for this and now NPCI has launched it on the ground.

For whom will it be the most beneficial?

This will be especially beneficial for those who do not want to directly link their bank account for small transactions or who have a smartphone, but they find it difficult to connect the bank account with UPI. This feature will be very helpful for small shopkeepers, street vendors and common people who want to do low -price digital transactions.

This change will further increase the number of people using UPI, because now the imperative of a bank account will be eliminated to a great extent. UPI has already made India a leader in the world of digital payment, and this new feature is being made more democratic, which will make it easier for people of every class to use it. This is really a major and effective step towards realizing the dream of Digital India.