UPI-based P2P bills: Key main points
Peer-to-Peer (P2P) bills on UPI can be utilized in all places — from settling expenses to paying for groceries, and even sending cash to different customers.
Cred’s UPI P2P function will permit customers get right of entry to to the ‘good suggestions’ which is able to be offering reminders on routine bills. This function can even make transactions more secure by way of providing “proactive nudges” in probably dangerous fee eventualities. These indicators will seem when individuals make bills whilst on name, or right through high-value transactions.
CRED Protect can even give protection to customers’ identities via a system-generated alias UPI ID. This will assist customers to masks non-public main points like cellular numbers and make sure privateness. Once Custom VPAs are activated, bills will likely be made by way of individuals’ alias UPI ID By default.
Whenever customers get right of entry to the UPI P2P solution to make bills to ‘particular contacts’ a “Win-Win” function is activated. This will be offering each the sender and the recipient cashback which will likely be credited to the credit score stability. This stability will also be redeemed on any invoice fee or retailer transaction carried out via Cred.
P2P bills right through Tata IPL 2023
Cred is among the legit companions of the Tata IPL 2023 which began on April 17. Members sending cash to five pals via Cred UPI P2P, right through the cred powerplaywill stand an opportunity to win 5 Tata IPL 2023 VIP fit tickets.
Users who ship cash to a pal right through a fit can even stand an opportunity to win 100% cashback on any invoice. Users who made their invoice bills right through the Cred Powerplay and thirteenth over have been additionally eligible to win 100% cashback and 5 Tata IPL VIP fit tickets.