VPA Creation: To create a VPA , a user needs to register with a bank or a UPI -enabled payment service provider. During the registration process, the user selects a unique VPA of their choice. With UPI , users can create a unique virtual payment address ( VPA ) or a UPI ID, which serves as a virtual identity for their bank account. In this blog, we will answer the most asked question, “What’s the difference between VPA and UPI ID?” and help you understand their role in UPI transactions. A Virtual Payment Address is a unique identifier used to identify the user's account during transactions. Learn how to create VPA and how to send & receive money via VPA . VPA full form stands for virtual payment address. It is a unique ID used in the UPI transactions. Learn what VPA ID means, its benefits, how it works, and more.
