Why UPI ID is required for IPO?

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A UPI ID is required to complete payment using the UPI payment mode. Without a UPI ID, the payment cannot be completed. So if you want to pay via UPI apps, you need to create a UPI ID.

A UPI ID is the unique identity of an investor on the UPI platform. Based on the UPI ID provided, the amount will be blocked from the linked bank account upon the approval of the UPI payment request.

Topic: UPI IPO Application Feedback

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