Understanding VPA in detail VPA , as its full form (Virtual Payment Address) suggests, is a digital ID that enables you to send and receive funds through UPI-enabled apps. With a VPA , you no longer need to enter lengthy details like the bank account number, branch name, or the IFS code. The VPA acts as a single indicator of the UPI account. What is Virtual Payment Address (VPA) in UPI? The full form of VPA is Virtual Payment Address. VPA is a unique digital identifier within the Unified Payments Interface (UPI) system that allows for instant, secure fund transfers between bank accounts in India using mobile devices. Developed by the NPCI, VPA offers a seamless way to transact without needing to share sensitive bank details like the account number, branch name, or IFSC code. Instead, VPA serves as a single, secure address for ... A Virtual Payment Address ( VPA ) is a unique identifier that helps UPI to track a person’s account. It acts as an ID independent of your bank account number and other details.
