Every Indian knows the convenience of using UPI or Unified Payments Interface to transfer money. The tradition of carrying large amounts of cash or a few bucks of change is no longer practised with UPI’s arrival. Within three steps, a UPI transfer can be carried out to anyone. Moreover, users can send payment via three options: by scanning a QR code, entering bank details, or using a UPI ID, and money will be sent to the beneficiary bank account.