Axis Bank presents Axis Pay – A Unified Payments Interface(UPI) application that lets you transfer funds from any bank account using a Virtual Payment Address (VPA). No need to remember beneficiary details like account number, IFSC etc. Send or Ask for money using a Virtual Payment Address.
A Virtual Payment Address (VPA) is a unique identifier that you set and link to your bank account. (Example: yourname@axisbank )
Once linked, just quote your VPA instead of account number and IFSC to make or receive payments.
Unified Payments Interface (UPI) is payment system by NPCI that allows transfer of funds between accounts in convenient manner.
Features:
• Axis Bank or Non Axis Bank customers can send money or ask for money using the Axis Pay app, without knowing their bank account details
• Transfer funds to a Virtual Payment Address(VPA) or to an Account Number
• Add beneficiary instantly by just using Virtual Payment Address (VPA). No need to remember or enter the bank account number and IFSC
• Check balance of linked bank accounts
• Fund transfers are instant, 24*7, 365 days and absolutely free of cost and take place in a completely safe and secure way
Go ahead and download Axis Pay, Axis Bank's UPI application to experience the unique way of making payments using a Virtual Payment Address(VPA).
