Can I transfer money to non-UPI enabled bank accounts using UPI?
Curious about Unified Payments Interface
Yes, you can transfer money to nonUPI enabled bank accounts using UPI. UPI allows you to send money to any bank account in India, whether it is UPIenabled or not. When initiating a transaction, you can choose the option to enter the recipient's bank account details, such as the bank account number, IFSC code, and the recipient's name. Once you provide the necessary information, you can proceed with the transaction, and the money will be transferred to the specified bank account.
It's worth noting that while UPI allows transfers to nonUPI enabled bank accounts, the recipient may have to use traditional methods, such as NEFT or IMPS, to access the funds if their bank account is not UPIenabled.