How To Download and Install SBI UPI Apps ?

SBI has launched the UPI Apps (Unified Payment interface) for transaction through mobile devices. This new UPI apps of State bank of India will be named as "SBI PAY".

An interoperable mobile based payment solution facilitating instant payments (Push, Pull and merchant transactions) and providing a single interface (mobile/web) with superior customer experience

SBI Pay, UPI can be used by any individual whether customer or non-customer of SBI. Only the requirement for using the SBI Pay UPI is , smartphone with internet connectivity and registered mobile number with any bank account in India.

Read : How To Send Money Using BHIM Apps Aadhaar Payment ?

SBI Pay can be used by any bank customer for instant money transfer using their own bank account. Bank account on any bank liked with the registered mobile number can be used for SBI PAY UPI.

Almost all the Public and Private sector bank has started the UPI apps for easy payment.

SBI Pay, the UPI App launched on 23.11.2016

• 1 st phase - Peer to Peer (P2P)

• 2 nd phase) – Person to Merchant (P2M)

• Currently enabled only on Android platform

SBI PAY UPI Features

1. Cash to ͚Less Cash͛ –Online shopping, paying utility bills,

2. OTC, barcode based payments, donations, school fees, etc.

3. Multiple modes of Payments - Payments initiated using Aadhaar, Virtual Address, Account Number and IFSC, Mobile Number and MMID.

4. Secure channel- 1-click 2-factor authentication, Device fingerprinting, Biometric Authentication Low cost Acquiring infrastructure – Acquiring infrastructure (Mobile) low cost, Easy and Universal Instant payments - AdvaŶced versioŶ of NPCI‟s IMPS service

5. Ease of Use – Customer can freely share email/mobile no./virtual address for transaction..

How To Download and Install SBI PAY UPI ?

Follow the step by step instruction below to install the SBI PAY UPI apps.

1. Visit the Google Play store here

2. Click on the Install button

3. Install the SBI apps on your android phone.

4. Click on the Icon to open the SBI PAY UPI

How To register for SBI PAY UPI ?

Follow the below mention steps to register for SBI PAY

1. Download PSP App and create Profile , as mention above

2. Add Your Bank Account/s, SBI or non SBI

3. Register for Mobile banking, if not already registered / Generate PIN for Transactions