Since they picked up pace in 2020, UPI (Unified Payments Interface) transactions have picked up a new pace and have become central to the Indian banking experience. Bank transactions are faster than before, and bank accounts have become more accessible. Thanks to UPI, you can accept payments from other recipients and pay them on the go.
What makes a UPI app effective?
A UPI app with the following features can make banking transactions easier:
- Online transactions must be fast
It isn’t a given for every UPI app to be fast and accurate. Online transactions, if quick, can completely alter your banking experience. Hence, every effective UPI app must offer fast and seamless transactions.
- Data management
UPI apps help you analyse your data to infer learnings from it in the future. IDFC FIRST Bank’s mobile banking app enables you to analyse your previous payments and sort them by category to help you save more in the future.
- The UPI app must be secure
In a series of regulations and notifications, the Reserve Bank of India (RBI) has asked banks to ensure the safety of their users’ data while transacting using their UPI app. However, certain UPI apps are more secure than others. You must read up on the UPI app you wish to use and check if it ensures the security of transactions.
- Seamless transactions
Another issue that customers face with most UPI apps is glitches while trying to use the UPI app. Many UPI apps throw an error while logging in, making a transaction, or checking one’s account balance. Hence, you must choose a UPI app that has a smooth interface.
Which is the best UPI payment app?
The IDFC FIRST Bank mobile banking app is India’s best UPI payment app. Here are a few reasons why:
- One-swipe banking
Make deposits and investments with one swipe. One-swipe banking is a feature that enhances the superior banking experience of IDFC FIRST Bank’s mobile banking app.
- Open a digital banking account
You do not need to visit IDFC FIRST Bank’s branch to open a savings account anymore. You can bank from home with IDFC FIRST Bank’s online savings account.
- Instant payments
IDFC FIRST Bank is one of the 365 banks using the Unified Payments Interface feature. Leverage the UPI feature to make fast and secure payments using IDFC FIRST Bank’s mobile banking app.
- Grow your wealth with IDFC FIRST Bank
Track your portfolio and receive curated investment recommendations. Get a bird’s-eye view of all your investments on the app.
- Offers only for you
Offers matter only when they are relevant. Get personalised offers across various categories, including net banking, lifestyle, and shopping.
- Find services fast with suggestive search
IDFC FIRST Bank’s mobile banking app facilitates precise searches to aid your banking experience.
Visit any online app store today to read more about the IDFC FIRST Bank mobile banking app. Click to learn more about IDFC FIRST Bank’s mobile banking services.