{"id":11417,"date":"2025-07-17T12:05:55","date_gmt":"2025-07-17T12:05:55","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=11417"},"modified":"2025-09-29T06:29:36","modified_gmt":"2025-09-29T06:29:36","slug":"upi-illusion-why-brain-thinks-youre-not-spending","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/upi-illusion-why-brain-thinks-youre-not-spending\/","title":{"rendered":"\u2060The UPI Illusion: Why Your Brain Thinks You\u2019re Not Really Spending!"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#what-is-upi\">What is UPI?<\/a><\/li><li class=\"\"><a href=\"#cash-vs-upi-whats-the-difference\">Cash Vs UPI, What\u2019s the Difference?\u00a0\u00a0<\/a><\/li><li class=\"\"><a href=\"#the-surprising-pleasure-of-paying-and-reward-systems\">The Surprising \u201cPleasure of Paying&#8221; and Reward Systems!<\/a><\/li><li class=\"\"><a href=\"#the-psychology-of-effortless-payments\">The Psychology of Effortless Payments<\/a><\/li><li class=\"\"><a href=\"#spend-with-awareness-not-regret\">Spend with Awareness, Not Regret!\u00a0\u00a0<\/a><ul><\/ul><\/li><li class=\"\"><a href=\"#conclusion\">Conclusion<\/a><\/li><li class=\"\"><a href=\"#frequently-asked-questions\">Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>Moving money in India used to be a real test of patience! Transferring money felt like hunting for bank details and struggling with slow confusing banking websites. Paying a small street vendor usually involved searching for change, or even worse, an unspoken apology when you hand over a \u20b92000 note for a \u20b925 chai. The whole process wasn\u2019t just complicated; it simply did not align with our fast-moving life.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Gradually, payment methods started to evolve for the better with the increasing adoption of <strong>digital payments<\/strong>\u2014transactions carried out via electronic platforms like mobile applications, cards, or online banking. Slowly transferring funds became easier, reducing the need for physical cash. However, even with the greater availability of these tools, many payment experiences continued to be inconvenient and not secure.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-b5763e00ad7f03bcca8e39a25fb162ac\" id=\"what-is-upi\" style=\"color:#023368\">What is UPI?<\/h2>\n\n\n\n<p>To simplify everyday payment challenges, &#8216;<strong>Unified Payment Interface\u2019<\/strong> (UPI) was launched on April 11, 2016, by <strong>National Payments Corporation of India<\/strong> (NPCI). This innovation was designed to allow users to link multiple bank accounts into a single mobile application. Consequently, banks throughout India developed their own UPI-enabled app for Android, iOS, and Windows platforms. The use of UPI reshaped the digital payment landscape by unifying services like fund routing and merchant payments and peer-to-peer (P2P) payment transfers, making the payment process convenient and user-friendly.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Currently, UPI processes an impressive 18.67 billion transactions monthly, equating more than 600 million transactions daily. That amounts to almost 7,000 transactions each second, reflecting the massive scale and adoption of UPI in Indian\u2019s digital payment ecosystem. According to NPCI data (Sept 2024), UPI volumes have grown exponentially \u2014 processing billions of transactions annually. <\/p>\n\n\n\n<p>Source: <em>NPCI, Ministry of Finance (20 SEP 2024) by PIB Delhi&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Year&nbsp;&nbsp;<\/td><td>Transaction Volume (in crore)&nbsp;&nbsp;<\/td><td>Transaction Value (in lakh crore)&nbsp;<\/td><td>Volume YoY Growth %&nbsp;<\/td><td>Value YoY Growth %&nbsp;<\/td><\/tr><tr><td>2017-2018&nbsp;<\/td><td>92&nbsp;<\/td><td>1&nbsp;<\/td><td>&#8211;&nbsp;<\/td><td>&#8211;&nbsp;<\/td><\/tr><tr><td>2018-2019&nbsp;<\/td><td>535&nbsp;<\/td><td>9&nbsp;<\/td><td>481.52%&nbsp;<\/td><td>800.00%&nbsp;<\/td><\/tr><tr><td>2019-2020&nbsp;<\/td><td>1,252&nbsp;<\/td><td>21&nbsp;<\/td><td>133.80%&nbsp;<\/td><td>133.33%&nbsp;<\/td><\/tr><tr><td>2020-2021&nbsp;<\/td><td>2,233&nbsp;<\/td><td>41&nbsp;<\/td><td>78.37%&nbsp;<\/td><td>95.24%&nbsp;<\/td><\/tr><tr><td>2021-2022&nbsp;<\/td><td>4,597&nbsp;<\/td><td>84&nbsp;<\/td><td>105.84%&nbsp;<\/td><td>104.88%&nbsp;<\/td><\/tr><tr><td>2022-2023&nbsp;<\/td><td>8,375&nbsp;<\/td><td>139&nbsp;<\/td><td>82.20%&nbsp;<\/td><td>65.48%&nbsp;<\/td><\/tr><tr><td>2023-2024&nbsp;<\/td><td>13,116&nbsp;<\/td><td>200&nbsp;<\/td><td>56.56%&nbsp;<\/td><td>43.88%&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/app.html\" style=\"background-color:#ec4d37\"><strong>Get Navia APP<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-ba511b9271e933c3ba3cc65263b79f80\" id=\"cash-vs-upi-whats-the-difference\" style=\"color:#023368\">Cash Vs UPI, What\u2019s the Difference?&nbsp;&nbsp;<\/h2>\n\n\n\n<p>Remember when handing over the five crisp \u20b9100 notes was the only way to pay \u20b9500? You would open the wallet, double-check if the amount was right, hesitate for a second, and perhaps even ask yourself, \u201cDo I really need this?\u201d. That little pause gave your brain a moment to process the expense\u2014making the process feel more real.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"700\" height=\"467\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/cash-vs-upi.jpg\" alt=\"cash vs upi\" class=\"wp-image-11453\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/cash-vs-upi.jpg 700w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/cash-vs-upi-300x200.jpg 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/cash-vs-upi-150x100.jpg 150w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n<\/div>\n\n\n<p>Now? It&#8217;s all done in a tap and a beep. No pause, no wait, no second thought. That\u2019s UPI in action! With UPI, your money slips away so quietly. Psychologically, it\u2019s a completely different experience. \u20b9500 paid via UPI doesn\u2019t hurt the way it does in cash because your brain barely registers the loss. What once was a conscious choice is now an unconscious habit\u2014and that\u2019s the illusion.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>While cash and digital payments, UPI in particular both facilitate the same purpose of transferring money; they create fundamentally different psychological experiences. Here is how cash and UPI differ in a way they influence our spending behavior and psychology.&nbsp;<strong>&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Aspect&nbsp;<\/strong>&nbsp;<\/td><td><strong>Cash&nbsp;<\/strong>&nbsp;<\/td><td><strong>UPI&nbsp;<\/strong>&nbsp;<\/td><\/tr><tr><td>Pain of Paying Activation&nbsp;<\/td><td>High&nbsp;&nbsp;<\/td><td>Low&nbsp;<\/td><\/tr><tr><td>Memory Encoding&nbsp;<\/td><td>People remember their spending vividly&nbsp;<\/td><td>Tend to be easily forgotten&nbsp;&nbsp;&nbsp;&nbsp;<\/td><\/tr><tr><td>Impulse Control Delay&nbsp;<\/td><td>Adds hesitation and pause&nbsp;&nbsp;<\/td><td>Skips reconsideration&nbsp;&nbsp;<\/td><\/tr><tr><td>Dopamine Activation&nbsp;&nbsp;<\/td><td>Limited gratification&nbsp;&nbsp;<\/td><td>Instant gratification&nbsp;<\/td><\/tr><tr><td>Spending Feedback Loop&nbsp;<\/td><td>Immediate feedback\u2013cash depletes visually&nbsp;&nbsp;<\/td><td>Delayed or hidden feedback\u2013-balance checked less often&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-43861f9b6352800592cbef8812c1bd9c\" id=\"the-surprising-pleasure-of-paying-and-reward-systems\" style=\"color:#023368\">The Surprising \u201cPleasure of Paying&#8221; and Reward Systems!<\/h2>\n\n\n\n<p>Interestingly, some studies even suggest that mobile payments don&#8217;t just <em>reduce<\/em> the \u2018<strong>pain of paying\u2019<\/strong> but can also trigger a \u2018<strong>pleasure of paying<\/strong>\u2019. Why? Because the process is so instant and effortless, it activates the brain\u2019s reward system\u2014 particularly the<em> nucleus accumbens<\/em>, which are linked to feelings of satisfaction and gratification.&nbsp;&nbsp;<\/p>\n\n\n\n<p>That little dopamine hit you get from a fast successful payment reinforces the habit of spending. Over time, the brain starts associating spending with pleasure and is more likely to spend it impulsively and frequently. As a result, your brain finds it difficult to associate spending with actual financial outflow. But there is more than just the absence of pain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-dacf65a9c42f5d8e5a0fefaff925795f\" id=\"the-psychology-of-effortless-payments\" style=\"color:#023368\">The Psychology of Effortless Payments<\/h2>\n\n\n\n<p>When paying becomes too easy, thinking before spending becomes optional. This is exactly where the problem begins as this frictionless flow rewires our relationship with money. 2016 research published in the <em>Journal of Consumer Psychology<\/em> reveals that these kinds of payments<strong> weaken self-regulation<\/strong>, increasing the likelihood of micro spending, impulse purchases, and budget overruns.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The more effortless it feels, the less aware you become of what you are actually giving up. In an IIT Delhi study of 276 users found that 74% of them reported that they were spending more after adopting UPI and 60% confessed it was because they did not \u2018feel\u2019 the money departing from their accounts. Because the money isn\u2019t seen or felt, your brain skips the usual \u2018<strong>pain of paying\u2019 <\/strong>response<strong>, <\/strong>making it easier to overspend.&nbsp;Digital payments reduce friction, which can make spending feel less noticeable and may affect financial awareness.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/open.navia.co.in\/index-navia.php\"><img decoding=\"async\" width=\"1024\" height=\"149\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png\" alt=\"UPI\n\" class=\"wp-image-9412\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-300x44.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-150x22.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/03\/OPEN-DEMAT-ACC-768x112.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-caa7fcbe3fd231692d18d470945d0699\" id=\"spend-with-awareness-not-regret\" style=\"color:#023368\">Spend with Awareness, Not Regret!&nbsp;&nbsp;<\/h2>\n\n\n\n<p>It\u2019s not about reducing expenses\u2014it\u2019s about being more strategic with your spending. In a world where payments happen in seconds, your edge comes from how well you stay mindful. Here\u2019s how to build intentional habits using simple digital tools and strategies, so every payment supports your goals\u2014not regrets.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-7beb35decc8ceee7ee651ec029dca47e\" id=\"smart-spending-starts-here\" style=\"color:#ec4d37\">Smart Spending Starts Here:&nbsp;<\/h3>\n\n\n\n<p><strong>\ud83e\udc16<\/strong> <strong>Identify Financial Goals:<\/strong> Understand whether your goal is to purchase a new gadget, save for vacation or different issues, so you have solid motivation to resist your impulsive spending habits. Every time you resist something you simply want\u2013 but don\u2019t truly need\u2013you take a step closer to your financial goal.&nbsp;<\/p>\n\n\n\n<p>\ud83e\udc16 <strong>Set Clear Financial Goals:<\/strong> Instead of &#8220;save more&#8221;, go specific\u2013 \u201cSave \u20b9X for a down payment by Y date&#8221;. When spending, ask yourself whether the purchase is moving you closer or further from that goal. You now have a compelling reason to be mindful of your financial behavior.&nbsp;<\/p>\n\n\n\n<p>\ud83e\udc16 <strong>Put saving as a priority ahead of spending:<\/strong> Before you spend, Move a portion of your income into a separate dedicated savings account (with separate UPI ID if possible). This isolates your financial opportunity to meet your goals before making a purchase.&nbsp;<\/p>\n\n\n\n<p>\ud83e\udc16 <strong>Pause before you pay: <\/strong>Before confirming any UPI transaction, take a mindful breath and ask yourself if it aligns with your financial objectives. A few seconds of reflection can help prevent unnecessary spending.&nbsp;<\/p>\n\n\n\n<p>\ud83e\udc16 <strong>Review your transaction history:<\/strong> Most UPI apps include transaction logs for easy review. Get into the habit of reviewing them on a daily or weekly basis. You&#8217;ll recognize spending patterns, spot impulsive purchases, and get better control of your spending habits.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-5c6c27297d730fa3a4d2ea0f4ae98e8a\" id=\"conclusion\" style=\"color:#023368\">Conclusion<\/h2>\n\n\n\n<p>UPI has revolutionized the way we spend\u2014fast, easy, and secure. But ease shouldn\u2019t mean mindless spending. The answer is not deleting the app or feeling guilty\u2014instead, bringing back intention. With every tap lies a choice\u2014and the more mindful you are, the stronger that choice becomes. Therefore, spend with purpose, not impulse\u2014and let your money work for you, not against you.&nbsp;&nbsp;<\/p>\n\n\n\n<p>For more insights on money and investing behavior, explore resources from <a href=\"https:\/\/navia.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Navia Markets<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We\u2019d Love to Hear from you-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png\" alt=\"feedback yes or no button\" class=\"wp-image-8901\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-9a07b674a5b87db9730c3cf59dbbb76b\" id=\"frequently-asked-questions\" style=\"color:#023368\">Frequently Asked Questions<\/h2>\n\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-6f39c39a-237e-4124-aac6-362a2e00ded8\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-6f39c39a-237e-4124-aac6-362a2e00ded8\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-6f39c39a-237e-4124-aac6-362a2e00ded8\" style=\"color: #000000; \"><strong>Can UPI replace cash entirely?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-6f39c39a-237e-4124-aac6-362a2e00ded8\">\n\n<p>While UPI is more user-friendly and convenient. Cash still plays a role in places where there is low access to digital platforms.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-1-6f39c39a-237e-4124-aac6-362a2e00ded8\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-6f39c39a-237e-4124-aac6-362a2e00ded8\" style=\"color: #000000; \"><strong>Does UPI have transaction charges?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-1-6f39c39a-237e-4124-aac6-362a2e00ded8\">\n\n<p>Most of the transaction costs are free while some banks charge for high-value or frequent transactions.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-2-6f39c39a-237e-4124-aac6-362a2e00ded8\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-6f39c39a-237e-4124-aac6-362a2e00ded8\" style=\"color: #000000; \"><strong>Is it possible to cancel the UPI transaction?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-2-6f39c39a-237e-4124-aac6-362a2e00ded8\">\n\n<p>No, the transaction cannot be cancelled or reversed once it is processed. We should double-check before we confirm it.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-3-6f39c39a-237e-4124-aac6-362a2e00ded8\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-6f39c39a-237e-4124-aac6-362a2e00ded8\" style=\"color: #000000; \"><strong>Will UPI work without Internet access?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-3-6f39c39a-237e-4124-aac6-362a2e00ded8\">\n\n<p>Yes, UPI can work offline using USSD codes, but features may be limited comparatively.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-4-6f39c39a-237e-4124-aac6-362a2e00ded8\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-6f39c39a-237e-4124-aac6-362a2e00ded8\" style=\"color: #000000; \"><strong>Does UPI provide security?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-4-6f39c39a-237e-4124-aac6-362a2e00ded8\">\n\n<p>UPI ensures security by using encryption and two-factor authentication. It&#8217;s highly secure when it&#8217;s used responsibly.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n\n<p><strong>DISCLAIMER:<\/strong>&nbsp;<strong>Investments in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer:&nbsp;<a href=\"https:\/\/bit.ly\/naviadisclaimer\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moving money in India used to be a real test of patience! Transferring money felt like hunting for bank details and struggling with slow confusing banking websites. Paying a small street vendor usually involved searching for change, or even worse, an unspoken apology when you hand over a \u20b92000 note for a \u20b925 chai. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[21,597,598,32],"class_list":["post-11417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","tag-investments","tag-upi","tag-upi-illusion","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/07\/The-UPI-Illusion-Why-Your-Brain-Thinks-Youre-Not-Really-Spending-copy-1.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=11417"}],"version-history":[{"count":35,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11417\/revisions"}],"predecessor-version":[{"id":13613,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/11417\/revisions\/13613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/11440"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=11417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=11417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=11417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}