KVB introduces the KVB UPay app which runs on the UPI platform of NPCI.
Karur Vysya Bank presents KVB Upay – A Unified Payments Interface (UPI) application that lets you transfer funds from any bank account using a Virtual Payment Address (VPA), IFSC & Aadhaar.What is UPI?Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The UPI is regulated by the Reserve Bank of India (RBI) and works instantly by transferring funds between two bank accounts on a mobile platform.If you operate multiple banks account & use multiple apps for your payments? Switch to KVB Upay for managing all your accounts at one place.Benefits of using KVB Upay- No need to remember account number, IFSC for fund transfer- Send/Collect money using a Virtual Payment Address- Access all bank accounts linked to your mobile number in one app- Pay to friends & relatives using their VPA - Pay to any user using any UPI application. - Request money from any UPI user- Scan a QR and pay on the fly. - Make Payments by QR Scanning- Check account balance- Block unwanted VPA as SpamWhat are the requirements for using KVB UPay?You should have following- A Smartphone phone with internet services- An operative bank account- The mobile number being registered with UPI must be linked to the bank account.- Active debit card relating to this account for creating mPin.How to register for KVB Upay?- Download “BHIM KVBUPay” from iOS App Store- Click on “Proceed” to verify your mobile number. - An SMS will be sent from your mobile for verification. In case of Dual SIM, Users need to select the SIM registered with the bank for verification.- After your mobile number is verified, the Profile Registration screen is displayed. Fill in the required details.- Create six digits numeric application password for logging in to application and confirm the same.- Once successfully registered, login to the app and create VPA for the bank account linked.- Select the Bank & create VPA for the bank.- Set mPin for the selected bank using debit cardSupport 24 X 7: Email id:
[email protected] Free Number: 18602001916Supported Banks: Visit our website https://www.npci.org.in/bhim-live-members to find out if your bank is live on BHIMPermissions for App and reasonsSMS - As per NPCI guidelines, we will be sending a background SMS to verify the customer and mobile number linked to it.Location – As per NPCI guidelines, we will capture location detailsStorage – We need this permission to store the scanned QR Code.Calls – We need this permission to detect single/dual SIM and allow user to chooseGo ahead and download BHIM KVBUPay application to experience the unique way of making payments using a Virtual Payment Address (VPA).Minor Bug Fixes and security Enhancements