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UPI transactions require the recipient's bank account number and IFSC code to be entered manually every time.
- True
- False
Answer: False
UPI uses Virtual Payment Addresses (VPAs) like name@bank, eliminating need to enter account number/IFSC repeatedly. Users can also save beneficiaries, scan QR codes, or use mobile numbers linked to UPI. This simplifies payments and reduces errors compared to traditional NEFT/IMPS transfers.