CentPay : Lifestyle & Beyond

CENTRAL BANK OF INDIA

About this app

Central Bank Of India offers Unified Payment Interface (UPI) application for the customers to register with the bank and link their accounts of other banks as well. Customer shall be able to Pay and initiated collect money requests to their beneficiaries. Payment Address is an abstract form to represent and identify the account details, and account details remain confidential. By adding accounts of different banks, customer can manage the account in single application.

The key aspects of the Unified Payments Interface are:

a) The Unified Payments Interface permits payments via mobile app etc.
b) The payments can be both sender (payer) and receiver (payee) initiated.
c) The payments are carried out in a secure manner aligned with the extant RBI guidelines.
d) The payments can be done using Virtual Address, Account Number & Indian Financial System code (IFSC), Mobile Number & MMID (Mobile Money Identifier).
e) The payment uses 1-click 2-factor authentication, Biometric Authentication and use of payer’s smartphone for secure credential capture etc. are other unique features.
Following are the transaction supported by Cent UPI
 User profile registration
 Payment address creation
 Addition of Bank accounts
 UPI Mandates
 UPI transaction PIN generation
 Pay request using (Virtual Payment Address,Account+IFSC and
Mobile+MMID )
 Collect request (Using Virtual Payment Address)
 Collect request approval
 Transaction history
 Raise complaints
 Manage Payee
What are the requirements for using UPI?
You should have following:
 An smartphone with internet services
 An operative bank account
 The mobile number being registered with UPI, must be linked to the bank account.
 Active debit card relating to selected account for creating mPIN.

Ratings and reviews

The app is best for transactions and sending money overall it is faster than other upi apps! Not only central bank but other bank transactions can also be done via the same app, you can link your atm of any bank and do transactions just like any other upi apps

Once you uninstall the app then again reinstall it . It will ask to set up UPI id or VPA but wouldn't give you the chance to setup the previous id that belongs to you. Everytime it will show a message "UPI id or VPA already exist" . And would not allow you to delete the previously linked UPI id or VPA to your Bank account.

One of the worst UPI App, topped up UPI lite on 10th December 2023,then my money disappeared into thin air and then UPI lite is seen inactive, made complaints in the app several times, at times the message is that money has not been deducted from my bank, then at times the messages show money has been deducted from my account and the transaction is successful! 'great!'.The topped up amount can be seen neither in my bank account nor in my Upi lite. In effect it seems I have lost my money.

What's new

- Security Enhancements.
- Bug fixes and Improvements.