Transferring money has never been so easy. since the introduction of UPI. Online money transfers have a gigantic Boost in the number of transactions.
With UPI, you can transfer money to other accounts within seconds and without any charge.
In today's post, you will know everything about UPI, and We will tell you how you can reset your UPI Pin easily in 2 minutes.
UPI: Detailed
Unified Payment Interface(UPI) is a payment system introduced by NPCI(National Payment Corporation of India).
You can send money from one to another without having the account details of other people. You only need the UPI id of the person.
It works 24/7 in 365days.
Reset UPI Pin in 2 mintues
Forgot your UPI pin? don't worry here are the steps to reset it in any third-party app
1.Open the app in which you are using UPI. Make sure you have updated the application to its latest version.
2.Goto my Account section in the app. Here you can see your account details such as account no., card details in some applications.
3.Click on the account you want to reset the pin of that account.
4.Here you can see mainly three options those are Delete Account, Check Balance, Reset UPI pin.
5.Click On the Reset UPI pin.
6.An OTP will be sent to your registered mobile number.
7.Enter the OTP
8.Enter the New Pin and Confirm it by typing again
9.Vola! Your UPI pin has been reset.
Benefits of using UPI
Today UPI has been Helping us by making payments seamless here are some benefits you might do know about UPI.
UPI is free of cost which means you don't have to pay anything for transferring money.
UPI works 24/7 which means even when the bank is closed you can transfer money.
UPI works in real-time which means money is instantly selected into to account.
Conclusion
So, there it is how you can reset your UPI pin hope you understood if you have any queries you can ask us in the comment section. I will be happy to solve your problem.
UPI has contributed a lot to our country's digital development it has raised so many FINtech startups which contributes to the economy of our country.
But it has also raised some fraud activities. criminals use the UPI link to fool people and steal their money. UPI pin is very important do not ever share it with anyone.
FAQ
Is UPI safe?
Yes, UPI is 100% safe. no one can transfer money without your permission.
What is the maximum limit of a single transfer in UPI?
It depends upon different Banks but usually nationalized banks have small limits compared to private banks.
What can we more do with UPI?
There are tons of things you can do such as pay mobile bills, dish bills, broadband bills, water bills, electricity bills.
What are some popular UPI apps?
Phone pe is currently the number one UPI app in the number of transactions followed by google pay in the second spot.