A Virtual Payment Address (VPA) is a unique identifier that helps UPI to track a persons account. It acts as an ID independent of your bank account number and other details. VPA is generated by a user of the Unified Payments Interface (UPI) . It is essentially the only piece of information required for all transactions. VPA can be used to make and request payments through a UPI-enabled app. Some of the benefits of using VPA for UPI transactions include:

• Privacy: The receiver will not know your bank account details as they can only view your virtual payment address.

• Ease of use: You need not fill in your bank account details repeatedly for making multiple payments.

• No additional transaction charges: You don’t have to pay additional transaction charges for UPI payments.

To create a VPA, you need to link your bank account to a UPI-enabled app and follow the instructions provided by the app. Once you have created a VPA, you can use it to send and receive money through UPI-enabled apps.