In a world where digital payments are now the norm, the United Payments Interface (UPI) system has played a significant role in revolutionizing the way we carry out financial transactions. With UPI, you can send and receive money via your mobile phone and link multiple bank accounts to a single application for instant fund transfers.
However, confusion still lingers regarding UPI usage. Especially when it comes to whether a debit card is required for UPI payments or how to set up UPI PIN without needing a physical debit card.
These questions pops up frequently, and we’re here to clear up this confusion.
If you’re wondering “is debit card necessary for UPI” or “how is it possible to set up UPI with a debit card”, look no further. Below are the steps to set up UPI PIN without a debit card:
Simple, isn’t it?
Want to set up your UPI PIN? No need to search for your debit card. You can register for UPI with your Aadhaar card anywhere, anytime, even without physical access to it. The M-Aadhaar card is available digitally, eliminating the need for a physical Aadhaar Card.
Did you know? You can now pay at stores, or send money directly to contacts by scanning and paying using the QR code scanner in your Fi app. That's not it. You can earn cashback or Fi-Coins every time you pay using UPI on Fi. Truly rewarding, isn't it? Get started on the Fi app today.
Use your Aadhaar & bank account details with a registered mobile number to activate your UPI ID & set a UPI PIN.
To create your UPI account without a debit or ATM card, link your bank account to your preferred UPI app and select Aadhaar-based verification instead of using your debit card. Then, submit and verify your Aadhaar details and set up a 4 or 6-digit UPI PIN.
There is no cost involved in setting up and using UPI for payments.
It is not possible to create a UPI ID without a debit card. The only alternative option is to use your Aadhaar card. If you don't have either of these, you cannot set up a UPI ID.
Setting up UPI payments is a quick process that can be completed in a matter of minutes. As long as your Aadhaar card and bank account are linked to your phone number, you can instantly set up your UPI ID.