4 Ways UPI money transfer app makes banking easy

1. 4 Ways UPI money transfer app makes banking easy While UPI simplified banking even before the pandemic, it gained prominence after lockdowns and stay-at-home orders became the norm. As visits to banks became rare and their websites slowed down because of traffic, banking apps gained prominence. A UPI money transfer app, which can be found on the app store makes transactions easier, even more than net banking did. However, if you want to know the ways these apps made the process of banking simpler, please continue reading: 1.They are easily accessible: This is one of the important reasons why it is prudent to install a banking app on the phone. The cash you carry, while adequate for day-to-day requirements like travelling, may not be enough in case of urgencies. For example, your spectacles break while travelling in the local train. After visiting the optician, you might learn that the cash is not enough to fix the glass and the shop does not have a debit card swipe. In such cases, banking apps come in handy and all you need to do is get his number or even better, scan the QR code of the shop. The portability of these apps is their selling point as all that is needed are a smartphone and an internet connection. 2.They offer attractive rewards:

2. A UPI money transfer app attracts its users by offering different rewards for carrying out a transaction. Every time there is a notification alert for new rewards, users get excited about what they could win. Sometimes, they come in the form of a scratch card, which only adds to the excitement. The rewards could be anything. It could be cashback of a certain sum to discount coupons for specific vendors and businesses. 3.Transactions can be completed in minutes: You do not need to wait for a transaction to complete when you have a UPI money transfer app on your phone. Speedy transactions are one of the main allures of banking apps and they are even faster than RTGS money transfer method. Imagine, you want to buy a birthday gift for your colleague. You are on a train and you do not have the time to visit the shop physically. So, you can choose a gift online and pay for it instantly by using the app. You do not need to waste time on things like procuring cash and then waiting for the change. 4.All kinds of transactions can be carried out: A UPI money transfer app is one of the handiest things you can have on your phone. It can be used for all kinds of payments, both urgent and casual. Be it paying for train tickets or paying your dentist, UPI can be used for all. For example, you are in a hurry to catch the train but suddenly you remember that your railway pass has expired. To avoid a long queue, you can choose to purchase the pass online and pay for it through the app. Mentioned above are just four out of the numerous other ways a UPI money transfer app simplifies transactions. However, if you want to know more, you can contact the nearest branch of your preferred bank. Hope you found the article interesting.