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UPI PIN: Meaning, How to Generate and Change It

What Is a UPI PIN?

How to Generate a UPI PIN?

How to Reset Your UPI PIN?

What Are the Differences Between UPI PIN and MPIN?

Parameters

UPI PIN

MPIN

Full Form

Unified Payments Interface Personal Identification Number

Mobile Banking Personal Identification Number

Application

To authorise transactions made via any UPI application

To authorise mobile banking transactions like IMPS and NEFT and make payments on the National Unified USSD platform

When Is It Required?

After entering the amount to confirm the transaction

Required during logging into the mobile payment applications

UPI has a vast range of benefits. Thus, almost every e-commerce website today relies on UPI payments for a hassle-free experience. You can make round-the-clock fund transactions, be it utility bills, mobile phone or DTH recharge, donations, collections and more. Moreover, you can access different bank accounts with a single UPI application and PIN.

FAQs About UPI PIN