Canara Bank has introduced a new unified UPI app called Canara ai1Pe, designed to make digital payments faster, easier, and more secure.
The app allows users from any bank to link their accounts and perform transfers, QR payments, bill payments, and set up auto debit for recurring payments.
The app is part of Canara Bank’s Canara ai1 Mobile Banking Super App, which offers over 300 features, including deposits, insurance, and other banking services.
According to Canara Bank, “A smarter way to pay is here! Canara ai1Pe brings a next-gen UPI payment experience that’s faster, intuitive, and built for the future.”
Key Features of Canara ai1Pe
The app is designed for both new and existing UPI users, making it ideal for daily transactions.
Some of its main features include:
Universal UPI: Link accounts from any bank and make unified payments.
Seamless Payments: Quick payments via QR codes or home screen widget.
Autopay: Automate EMIs, subscriptions, and utility bill payments.
Enhanced Security: Device binding and UPI PIN authentication ensure secure transactions.
Full UPI Services: Access IPOs, mandates, recharges, bills, and UPI Circle, which allows delegates like family members to make payments within set limits.
UPI Lite: For small transactions, no UPI PIN is needed every time.
Rewards & Offers: Users can enjoy cashbacks, discounts, and exclusive offers on select transactions.
Collaboration with NPCI and Government-backed BHIM
Canara ai1Pe is launched in collaboration with NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), which manages the BHIM UPI app.
BHIM is a government-backed online payment interface that enables secure bank-to-bank transactions across India.
Canara Bank’s new app promises a next-generation UPI payment experience for account holders of all banks.
Separate App for Corporate Customers
For corporate users, Canara Bank offers Canara ai1 Corporate, which provides features like:
Bulk file uploads for payments and transfers
Tax and GST payments
Bill and utility payments
Forex transactions
This ensures that both retail and corporate users can manage their financial needs digitally and efficiently.
