Virtual payment address: A Virtual Payment Address (VPA)

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. In India, digital payments have rapidly evolved, with UPI (Unified Payments Interface) becoming the primary method for transactions. A key feature of UPI is the Virtual Payment Address (VPA), which enables users to send and receive money without revealing sensitive bank details., Technology & Science, Times Now A Virtual Payment Address (VPA) is a unique ID for UPI transfers. Learn how it works, its benefits, how to create one, and how it differs from UPI ID. What is VPA in UPI VPA full form stands for Virtual Payment Address. In India, a virtual payment address, or VPA, is a unique ID used in the UPI system, which lets you send and receive money instantly using your phone. A VPA is a mix of letters, numbers, and special characters. Your VPA acts as a virtual identity for your bank account.