Features of UPI payment gateway explained in detail


After the introduction and implication of UPI (United Payment Interface) in India, the entire payment and transaction method has gone through a drastic change. The major step taken to achieve a cashless economy is no less than a revolution. This new payment method allows users to pay using their smartphones and even virtual debit cards from anywhere, anytime. Through the UPI payment gateway, the instant sending and receiving of money is no longer a dream. Also, the concept of using QR codes has amplified the usage of the UPI payment gateway. Additionally, because of UPI, the usage of digital wallets have significantly reduced.

What is UPI?

Before discussing the features of Unified Payment Interface, we should at least know what UPI is. As the name suggests, Unified Payment Interface is a platform that amalgamates all the existing banking features and services under a single roof. When you go into a bank, you have to use cheques, and withdrawal slips to withdraw money from the bank. Even in online banking, you have to log into your account and request for NEFT, RTGS and IMPS according to your need and that too within a stipulated time frame. But when it comes to UPI, all it requires is a UPI ID and a PIN. Only by using the UPI ID and PIN can you easily send and receive money instantly. And that is not all, users can also make real-time bank to bank payments using a virtual payment address or mobile number through the UPI payment gateway.


A UPI ID is a unique identification number that is linked with a bank account and can be used to send and receive money. And PIN is a combination of unique numbers that authorizes the payment via the UPI payment gateway. The user can freely choose the PIN number on their own.

Features of UPI payment gateway

No minimum transaction limit

A significant feature of UPI is it does not have any minimum transaction limit. You can pay as low as 1 rupee using the payment method.


Reliability is one of the major features of UPI. Customers have total control over their payments and transactions. They do not have to be concerned about their money getting lost along the way.

Real-time transfers

Banks offer services such as NEFT and RTGS, but even they are not real-time transfers. In the case of UPI, all the transactions that are made using this particular payment method are done in real-time. When the sender initiates a payment after clicking the send button, the receiver receives the payment in just a matter of seconds. With this, the daily life activities of people became much easier because paying grocery shops, auto, and returning money to friends after borrowing from them became convenient and straightforward.


In some cases, UPI does not require the internet to make payments. Without using a proper internet or smartphone, payments can be conducted using UPI.

Payment through QR Codes

Using the UPI payment gateway, users can send money just by scanning QR codes. After scanning the QR code, all the information related to the individual or the merchant will be shown to the user so that they can verify before sending the money. Now grocery shops, auto, cabs and even markets have QR codes attached with them.

Open to all kinds users

Anyone can use UPI for making payments. From an average individual to different businesses and companies can initiate their own UPI ID and PIN after their registration. With this making, transactions have also become easier for private organizations and companies. To know more about UPI payment gateway, its individual and corporate usage, you can visit https://www.cashfree.com/upi-payments-stack .

The overall significance of UPI and its impact on the payment system as a whole is not limited.

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