In this article, we will learn how to add UPI payment in WooCommerce website. UPI payment gateway is available only for Indian customers. There are some benefits and some disadvantages of Using UPI payment on the WooCommerce website.
The National Payments Corporation of India (NPCI) introduced UPI, a payment system that enables inter-bank transactions by instantaneously transferring funds between two bank accounts on a mobile platform. Customers can use UPI to link several bank accounts to a single mobile app and conduct transactions without entering their bank account information or net banking credentials.
I have published a detailed video on how to install a free plugin and create UPI payment gateway on WooCommerce website. Watch this video for detailed understanding.
Watch video to install UPI payment in WooCommerce website
I hope this video will help you add UPI payment in WooCommerce website. UPI payments are fast and secure.
Only disadvantage of using UPI payment is that you have to verify the payment manually. You will need to check your SMS or email to make sure that payment is received in your bank account.
The main advantage of using UPI payment gateway is that you do not have to pay transaction charges for each payment as you do in case of other payment gateways.
Steps to install UPI payment in WooCommerce:
Install the plugin: You must install a plugin that supports UPI in order to allow UPI payment. You can pick a plugin from the WooCommerce plugin library that best meets your needs from the available selection.
Set up the plugin: Install the plugin, then configure it by providing your UPI ID, merchant code, and any other necessary information. For this, the plugin ought to include instructions.
Test the payment: You should test the UPI payment option to make sure everything is functioning properly before enabling it.
Enable the payment option: Once the transaction has been verified, you may enable the payment option so that consumers can begin paying with UPI in your WooCommerce store.
Note: According on the plugin you select, the particular procedures to set up UPI payment in WooCommerce may differ. It is advised that you adhere to the plugin developer’s guidelines.
Benefits of using UPI payment in ecommerce website
Convenience: On the mobile platform, UPI enables instant money transfers between any two bank accounts. It does away with the requirement to use online banking or visit a bank.
Security: UPI has a dispute resolution system in place in the event that any transactions are made without authorization and uses two-factor authentication to secure transactions.
Speed: UPI is one of the fastest payment systems in India because transactions are handled in real-time.
Accessibility: UPI is available to all Indians with bank accounts and does not call for the creation of a separate account or physical card.
No transaction charges: Transaction fees are not applied to UPI transactions, making it a cost-effective choice for frequent or low-value transactions.
Integration with apps: UPI can be integrated with a variety of apps, including those for bill payment, e-commerce, and mobile banking.
Easy bill payments: UPI makes it possible to pay bills quickly and simply, including credit card bills, utility bills, and more.
Virtual payment address (VPA): The development of a virtual payment address (VPA), which serves as an account identifier and streamlines the payment procedure, is made possible by UPI.
You may also like to read the following articles or watch video tutorials:
I hope that this article on How to add UPI payment in WooCommerce will help you. In the upcoming WooCommerce Tutorial article and videos, I will show you how to add different types of products in WooCommerce such as digital products, service products, variable products, Bookings, and accommodations products.
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