Virtual payment address: VPA stands for Virtual

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 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, 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 UPI ID or VPA (Virtual Payment Address) is a unique ID that is used to make UPI payments in place of bank account details. A PhonePe UPI ID is a unique ID linked with your bank account which has at least 3 characters followed by a handle (@ybl / @ibl).