UPI on CoinSwitch
- Our rating
- 3.9
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-23
Yes. CoinSwitch takes UPI in India. Transfers are real time and the service is available 24 hours a day, every day of the year, including bank holidays. By reach it is third of the 3 rails on our record for CoinSwitch; IMPS is offered in more countries.
What UPI is
UPI, the Unified Payments Interface, is India's instant retail payment system, launched in 2016 and operated by the National Payments Corporation of India under Reserve Bank of India regulation. It moves rupees between any two Indian bank accounts from a phone, addressed by a UPI ID or a QR code rather than by account number and IFSC code. Indian exchanges treat it as the default deposit rail for rupees.
- Speed
- Transfers are real time and the service is available 24 hours a day, every day of the year, including bank holidays.
- Cost of the rail
- UPI carries zero transaction fees for end users, on both person to person and merchant payments.
- Limits
- The ordinary UPI cap is 100,000 rupees per transaction, raised to 500,000 rupees for a few specified categories such as payments to hospitals and educational institutions, and individual banks commonly set lower daily caps.
Where CoinSwitch offers UPI
Each country opens the CoinSwitch page for that market, with its rank there and every rail it takes. The number is CoinSwitch's rank in that country's guide.
Asia (1)
IndiaWhat UPI costs on CoinSwitch
UPI deposits are free, as are standard rupee bank transfers.
Country notes from our guides for this rail on CoinSwitch. Each links the page explaining UPI in that country.
- India
- free deposits
Other ways to pay on CoinSwitch
2 other rails at least one country we rank CoinSwitch in uses, widest reach first.
Frequently asked questions
Does CoinSwitch accept UPI?
Yes, in India. By reach it is third of the 3 rails on our record for CoinSwitch; IMPS is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.
In which countries can I use UPI on CoinSwitch?
India, from our country guides reviewed between 2026-08-23 and 2026-08-23.
How long does a UPI deposit take on CoinSwitch?
Transfers are real time and the service is available 24 hours a day, every day of the year, including bank holidays. That describes the rail itself; CoinSwitch may hold a first deposit for longer while it verifies your account.
What does UPI cost on CoinSwitch?
UPI carries zero transaction fees for end users, on both person to person and merchant payments. On CoinSwitch's side: UPI deposits are free, as are standard rupee bank transfers. Country notes: India, free deposits.
Are there limits on UPI deposits?
The ordinary UPI cap is 100,000 rupees per transaction, raised to 500,000 rupees for a few specified categories such as payments to hospitals and educational institutions, and individual banks commonly set lower daily caps. Any limit CoinSwitch applies on top is set per account tier and shown inside the platform.