What Is UPI And USSD?

USSD is a bearer or channel, like SMS or Data, using which one can communicate.

UPI is a payments mechanism that enables one to use their bank account as a mobile wallet to send and receive money instantly, by referring to the payer/payee using their Virtual Payment Address (VPA).

How do I check my UPI balance?

Check Balance

  • Dial *99# and select option 3 for ‘Check Balance’
  • Enter your UPI mPIN and your balance will be displayed on your mobile screen.

How do you use UPI on a feature phone?

Suggested clip 108 seconds

UPI Payment From a Basic Feature Phone – YouTube


Start of suggested clip

End of suggested clip

Can I use UPI without net banking on?

Online payments can now be made securely without having to log in to net banking, or keying in CVV numbers and card details. In addition, UPI runs on your phone and lets you make offline payments with ease.

How do I use USSD?

USSD is a technology platform through which information can be transmitted through a GSM network on a basic phone. This service will be available on all mobile phones with SMS facility. To use USSD mobile banking, users will have to simply dial *99# and use the interactive menu.

How do I find my UPI pin number?

Reset your UPI PIN

  1. Open Google Pay .
  2. In the top left, tap your photo.
  3. Tap Bank account.
  4. Tap the bank account you want to edit.
  5. Tap Forgot UPI PIN.
  6. Enter the last 6 digits of your debit card number, and the expiry date.
  7. Create a new UPI PIN.
  8. Enter the OTP you get by SMS.

What is my UPI ID?

UPI is a banking system for money transfers on payment apps. To add a bank account to Google Pay, your bank must work with UPI. Your UPI ID is an address that identifies you on UPI (typically yourname@bankname).

How does UPI work?

Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform.

How do I transfer money from USSD code?

Transferring Money Using USSD Short Codes

In order to transfer the money, dial *99#, type bank name, and when the interface opens, enter ‘3’ and tap send. Now, enter the beneficiary’s mobile number and the beneficiary MMID, which you will have to get from the person.

How can I send money to a mobile number?

Send money to a phone number

  • Open the Google Pay app .
  • At the bottom right, tap Send.
  • Tap Send or request.
  • Enter your recipient’s phone number.
  • Enter the amount you want to send.
  • Tap Send.
  • Confirm your payment method.
  • Tap Confirm & send.

Is Net banking necessary for UPI?

UPI has really made my life digital with instant money transfer and convenience to carry money. The answer is NO. You don’t necessarily need to register for Mobile Banking to use UPI.

Is Net banking same as UPI?

UPI uses the same IMPS technology. UPI- You can link multiple bank accounts from different banks to one single UPI app on your mobile. NEFT- You need to install your bank’s mobile app for financial transactions. UPI- You may have an ICICI bank account, but you may use the UPI app of SBI bank.

Can UPI be hacked?

Hackers might be fraudulently accessing your e-wallets, mobile banking app and UPI. The Reserve Bank of India (RBI) has warned banks of a digital banking fraud that could wipe out a customer’s bank balance by using the Unified Payment Interface (UPI) route.

What is USSD number?

Unstructured Supplementary Service Data (USSD), sometimes referred to as “Quick Codes” or “Feature codes”, is a communications protocol used by GSM cellular telephones to communicate with the mobile network operator’s computers.

What is USSD payment?

USSD payment is a fast and simple solution for the payment of bills in-country or to a service provider elsewhere in the world. Pay using any kind of mobile phone, by simply dialling a USSD code and selecting the number which corresponds to “pay bills”. Payments can be made any time of the day or night.

What is USSD transfer?

The product is designed to allow its customers make third party funds transfer using USSD codes on their mobile devices. With the USSD code; *737*, GTBank customers can transfer funds to another GTBank account or to a beneficiary in another bank.