Virtual payment address: VPA is a unique

VPA is a unique identifier for UPI transactions that eliminates the need to share bank account details. Learn how to create a VPA on Paytm app, link it to your bank account, and send money using VPA securely and conveniently. VPA stands for Virtual Payment Address, a digital ID for UPI transactions. Learn how to create, send, and receive money through VPA with HDFC Bank's PayZapp app. VPA, or Virtual Payment Address, is a unique identifier used in the Unified Payments Interface (UPI) system that simplifies online transactions. In banking, VPA allows users to send and receive money without needing to share sensitive information like bank account numbers or IFSC codes. 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.