Canara Bank (CB) launches Canara ai1Pe unified UPI app for secure digital payments.

Key facts

• Canara Bank (CB) launches Canara ai1Pe, a unified UPI app enabling instant payments, shared expenses via UPI Delegate, spend analytics, UPI Lite, and rewards.
• The app allows users to link bank accounts from any bank for instant money transfers, merchant payments, and bill settlements.
• Payments are secured through UPI PIN authentication and device-binding that restricts transactions to the registered mobile handset.
• UPI Delegate (UPI Circle) lets a primary account holder add trusted family members as delegates who can spend up to ₹15,000 per month.
• Spend analytics provide month-on-month spending insights, expenditure categorisation and financial trends.
• UPI Autopay automates recurring payments for subscriptions, EMIs, SIPs and utility bills.
• UPI Lite permits small-value payments without entering UPI PIN for every transaction.
• The app features a widget-based QR scan for quick scan-and-pay from the home screen and offers real-time transaction updates, payment reminders, transaction history access, plus rewards and cashback eligibility.