With the help of this service of Airtel Payments Bank, customers can send money to any number from the contact list present in the mobile phone. The company says that this does not require entering UPI ID or bank account details to process the payment and saves time.
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How to send money through Pay to Contact
Airtel Payments Bank customers will be able to send money easily by going to the BHIM UPI section, clicking on Pay Money – To Contacts and then selecting the receiver’s contact. Let us tell you that many UPI apps in the country are already offering this payment method.
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What is UPI
Unified Payments Interface / UPI (Unified Payments Interface) is a real time payment system, which can transfer money to bank account instantly through mobile app. Through UPI, you can link one bank account with multiple UPI apps. At the same time, multiple bank accounts can be operated through one UPI app.