BHIM UPI 2.0 Update

BHIM UPI 2.0 launched | What’s New ? Features In New UPI 2.0 Update

What is BHIM UPI 2.0 , BHIM UPI 2.0 launched , UPI New version , UPI Latest update , UPI 2.0 Features – UPI known as United Payments Interface was launched in April 2016 by the Government & it has been a successful effort by the Government. UPI has been made by the National Payments Corporation of India (NPCI). So now money can easily be transferred from one bank to another with the help of the UPI. People are also using it too.

And due to this, the indian Government has now launched its second version i.e UPI 2.0. Hope you are enjoying Tricks store alot, we always here to provide you free tricks related to Free Recharge Tricks and also about Free Paytm cash giving apps.

What is BHIM UPI 2.0 ?bhim upi 2.0 features

In this upgraded version of UPI , they reforming the security of the old UPI with new UPI 2.0. The government has launched it now successfully. Now you might be thinking that there is something new in it or just the version has been upgraded? So let’s know what benefits of UPI 2.0 with comparison of old UPI version. You will get all the things in this post about new version of UPI.

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UPI New version – BHIM UPI Latest update 2.0

With the old BHIM UPI recorded transactions worth Rs 45,845 crore and 235 million in terms of value and volume in the month of July 2018. Which shows that this plan is going too successful. Now UPI New version is launched. Let’s know about the features of UPI 2.0 or we can say features of new BHIM UPI App,

1. Link To Overdraft Account

The first feature of BHIM UPI 2.0 is link to overdraft, you could have already linked the Current and Savings account with BHIM UPI app. But now in UPI Version 2.0, you will able to link your overdraft account to it. That is via UPI, you can make payments with your overdraft account to.

If you don’t know what is Overdraft? Let us know, Overdraft is the facility which a person can withdraw money even if there is no money in his account. This facility does not meet every customer and who gets it, it is also given with some limit.

2. One Time Mandate

Guys this feature is same as like sending money through checks. You also have given a check of post date i.e., check of any future date, to somebody. This feature will work just like that. If you wanna send money to a person later on, you can also give instructions for that date of the future also with this UPI 2.0 version.

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So on the due date, the money will be deducted from the account itself and the person who wants it, will automatically get money in their account. This feature will come in handy for those who forget about paying often, because of their busy schedule or many things.

3. Invoice in Inbox

The new version of the UPA will save customers from online fraud. According to NPCI, the merchant in UPI version 2.0 will be able to send invoices to the inbox of its customers. In this case, the customer will first look at the invoice and then pay. In this way, you will also be able to confirm how many rupees you are paying and also able to verify all other important details.

4. QR code verification

This new feature of QR code verification, will be very helpful for customers to not be fooled. As soon as you scan the QR code of a merchant, you will know all the things about receiver or customer, whether it is a fully verified user or not.

So guys these are the 4 main new features of UPI 2.0 version. And In this updated version, the UPA has joined it’s hands with SBI, HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, Yes Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC. Hope the new version will help you a lot.