Indian Overseas Bank unveils BHIM IOB UPI. Registered mobile number in the bank account to be entered by the customer. OTP will be sent to the customer for initial registration and device binding. The SIM card of the registered mobile number should be present on in-app the installed device to make any payments.


Features include

* Creation of Virtual Payment Address to link bank account which is used for making and receiving payment without additional bank account information

* Send money and collection requests can be done by this application.

* Balance inquiry can be checked for VPA linked bank accounts

* Manage payee, VPA, Account can be avail

* Pay by QR Code and QR code generation can be done

* Refer a friend via Facebook, WhatsApp, Google+, Gmail, etc