Note: Please use the UPI ID that is specifically linked to the already linked Trading Bank Account. Any other UPI ID used will just cause failed transactions
Unified Payments Method is known as UPI. This is a real time inter bank payment system. This means that you can transfer money between different banks instantaneously.
SS Corporate has introduced UPI Fund transfer so that investors and traders can make their transactions conveniently and more efficiently. As there are many who still do not understand the UPI payment method, keep reading to learn more about the process.
Follow the steps explained below to register with UPI:
Step 1- Install either the UPI-BHIM app or your bank’s enabled UPI app from Google Play Store or Apple App Store.
Step 2- Select your preferred language. Verify your mobile number. Select your bank account and account.
Step 3- Create your profile by entering basic details like your name, virtual ID and password. The virtual ID you create will be your payment address.
Step 4- Go to Add/Link/Manage Bank Account option on the app and link your bank and account number with the previously created virtual ID.
Step 5- Create your MPIN. This will be your password required to proceed with the transaction.
Step 6- You are successfully registered.
Once registered, you need to generate your mPIN (Mobile Personal Identification Number). You will need to enter this mPIN every time you need to make a transaction. Let’s check how to set an mPIN.