In today’s digital age, the emergence of online payment technologies has greatly enhanced the ease and convenience of financial transactions. Among these technologies, Virtual Payment Addresses (VPAs) stand out as an innovative solution to ensure smooth and secure monetary exchange. But what exactly is a Virtual Payment Address, and how does it work? This comprehensive guide aims to shed light on these all-important queries. What is a Virtual Payment Address? Virtual Payment Addresses (VPAs) are instrumental parts of the Unified Payments Interface (UPI) payment system, a digital banking framework in India designed to enable seamless real-time payments through mobile devices. Established by the National Payments Corporation of India (NPCI), UPI…