what is vpa in upi

In the context of the Unified Payments Interface (UPI) system in India, VPA stands for Virtual Payment Address. It is a unique identifier that is used in the UPI system to facilitate real-time payments. A VPA acts as an ID independent of a user's bank account number and other details, and it can be used to make and request payments through a UPI-enabled app. The use of VPA enhances security by eliminating the need to share sensitive bank account information, and it offers convenience and interoperability, allowing users to transact with different institutions seamlessly