[as1mov]

Can't really confirm on the reliability. I've used UPI for ~3 years now, I don't remember it failing more than maybe 4-5 times. I guess it depends on the bank whose UPI account you are using. Syndicate fails regularly, ICICI is almost always up.

> 3) I find Bank transfer like NEFT more reliable than UPI.

NEFT is great for occasional transfer of a large amount of money, but not for daily transactions as it requires a lot of info compared to UPI (it needs the receivers name, account number, IFSC code, branch name compared to UPI's singular <person>@<bank> id)

[varbhat]

1) I was referring to IMPS,not NEFT(mistyped).

2) An ID could be created for IMPS account like in BHIM to mitigate the "lot to fill" problem.