UPI: Difference between revisions

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The service is run by the National Payments Corporation of India (NPCI), the government-backed private company that also operates the UPI ecosystem itself.

An alternative to UPI is to use IMPS with phone number beneficiary (it also allows account number + IFSC) which needs phone number + Bank name only. So if we know someone's phone number and their bank name, we can transfer using IMPS/Net Banking.

== *99# and BHIM ==

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| Indian Bank || {{Tick}} || {{Cross}} Allows debit card based registration but goes into loop due to bug with 6 digit PIN vs. 4 digit PIN || {{Tick}} || {{Tick}} || {{Tick}} || {{Tick}} || {{Cross}} truncates at `@` and claims "invalid UPI ID" || {{Tick}} || || {{Tick}}

|}

== IMPS ==

An alternative to UPI is to use IMPS with phone number beneficiary (it also allows account number + IFSC) which needs phone number + Bank name only. So if we know someone's phone number and their bank name, we can transfer using IMPS/Net Banking.

So far this was confirmed with Federal Bank. Though with ICICI Bank, they still ask for MMID.

@@ Line 2: / Line 2: @@
 The service is run by the National Payments Corporation of India (NPCI), the government-backed private company that also operates the UPI ecosystem itself.
-An alternative to UPI is to use IMPS with phone number beneficiary (it also allows account number + IFSC) which needs phone number + Bank name only. So if we know someone's phone number and their bank name, we can transfer using IMPS/Net Banking.
 == *99# and BHIM ==
@@ Line 47: / Line 45: @@
 | Indian Bank              || {{Tick}}             || {{Cross}} Allows debit card based registration but goes into loop due to bug with 6 digit PIN vs. 4 digit PIN                              || {{Tick}}             || {{Tick}}                                       || {{Tick}}       || {{Tick}}         || {{Cross}} truncates at `@` and claims "invalid UPI ID" || {{Tick}} ||   || {{Tick}}
 |}
+== IMPS ==
+An alternative to UPI is to use IMPS with phone number beneficiary (it also allows account number + IFSC) which needs phone number + Bank name only. So if we know someone's phone number and their bank name, we can transfer using IMPS/Net Banking.
+So far this was confirmed with Federal Bank. Though with ICICI Bank, they still ask for MMID.