Oriental Bank of Commerce (OBC) has launched their UPI service platform which is called BHIM Oriental Pay. It is available on Google Play Store for android phone users. Oriental Bank, like many other banks, provides Unified Payment Interface (UPI)-based services, which are currently available for the bank’s account-holders only. It may soon be extended to non-account holders too.
OBC UPI uses the Virtual Payment Address (VPA) of your bank account to pay and collect money instantly. Through this application you can also transfer money to a beneficiary’s account by using their bank account no. and Indian Financial System Code (IFSC) details too. As aforementioned, users are able to both send and receive money through this app. Soon, the app is expected to have payment interfaces based on a user’s Aadhaar number and their mobile number. Merchant transactions shall also soon be possible.