Buy Monero with Universal Payments Interface (India) safely using Haveno
Learn how to buy Monero (XMR) securely using Universal Payments Interface (India). Step-by-step guide to purchasing XMR with Universal Payments Interface (India) money transfers.
Monero Price
Trading Volume
UPI (Unified Payments Interface) is a real-time payment system developed by the National Payments Corporation of India (NPCI), allowing instant money transfers between bank accounts via mobile devices. UPI enables users to send, request, and receive funds using virtual payment addresses (VPAs), eliminating the need to exchange bank account details. It is widely accepted across India for both personal and business transactions.
Key Features of UPI
- Instant Transfers: Enables 24/7 real-time bank-to-bank transfers, including weekends and holidays.
- Virtual Payment Address (VPA): Users can link a VPA (e.g., yourname@bank) to their bank account, simplifying payments without sharing bank details.
- QR Code Payments: Supports QR codes for quick and convenient in-store payments, making it popular for retail and street vendors.
- Wide Bank Integration: Most major Indian banks support UPI, making it accessible across a large portion of the population.
- Low to No Fees: Transactions on UPI are typically free or incur very low fees, encouraging widespread adoption.
Use Cases for UPI
UPI is widely used for: - Peer-to-Peer Transfers: Instantly sending money to friends and family via mobile, without needing bank details. - Retail and Vendor Payments: Paying in stores, restaurants, and with small vendors by scanning UPI QR codes. - Bill Payments: Paying utility bills, mobile recharges, and other recurring payments directly within UPI-enabled apps. - Online Shopping: Making purchases on e-commerce platforms that accept UPI payments. - Business Transactions: Used by small businesses to receive payments, simplifying the transaction process for both parties.
Advantages and Disadvantages
- Advantages:
- Fast and free transactions available 24/7.
- Simple and secure payments using a VPA or QR code without revealing bank details.
- Broadly accepted across India by individuals, merchants, and businesses.
-
Supported by most banks and easily accessible via mobile banking or UPI-specific apps.
-
Disadvantages:
- Primarily limited to India and transactions in Indian Rupees (INR).
- Relies on internet access, limiting use in areas with poor connectivity.
- Some banks may impose daily or per-transaction limits, especially for high-value transfers.
- Occasional transaction failures or delays during peak times due to high volume.
- Indian Rupee (INR)
A step-by-step guide on installing Haveno for buying with Universal Payments Interface (India)
Firstly, you'll need to download it for your operating system, haveno is fully multiplatform so there are several ways to do that including for your mobile device, you can choose to install via commandline or GUI installation below:Click here to open Haveno Downloads Links page in a new tab. Then head back here for further instructions specifically related to Universal Payments Interface (India).
You'll be expected to provide which ever network (seednodes) you choose with your Universal Payments Interface (India) details, as long as they support it. Which includes:
- Your account number and email
Order Book
| Date | Amount (XMR) | Amount |
|---|---|---|
| 2024-09-16 09:15:06 | 0.2497 | 40.36 EUR |
| 2024-09-16 04:55:30 | 0.9049 | 239.79 AUD |
| 2024-09-15 23:24:44 | 0.2526 | 41.71 EUR |
| 2024-09-15 11:50:34 | 0.1013 | 18.61 USD |
| 2024-09-15 09:04:47 | 0.5008 | 72.94 EUR |
| 2024-09-15 05:29:20 | 0.2588 | 42.64 EUR |
| 2024-09-15 03:06:19 | 1.855 | 287.89 EUR |
| 2024-09-15 02:38:52 | 0.7344 | 0.002335 BTC |
| 2024-09-14 21:28:50 | 2.841 | 501.71 USD |
| 2024-09-14 15:19:36 | 3.997 | 0.01139 BTC |
Trades
| Date | Amount (XMR) | Amount |
|---|---|---|
| 2024-09-16 09:15:06 | 0.2497 | 40.36 EUR |
| 2024-09-16 04:55:30 | 0.9049 | 239.79 AUD |
| 2024-09-15 23:24:44 | 0.2526 | 41.71 EUR |
| 2024-09-15 11:50:34 | 0.1013 | 18.61 USD |
| 2024-09-15 09:04:47 | 0.5008 | 72.94 EUR |
| 2024-09-15 05:29:20 | 0.2588 | 42.64 EUR |
| 2024-09-15 03:06:19 | 1.855 | 287.89 EUR |
| 2024-09-15 02:38:52 | 0.7344 | 0.002335 BTC |
| 2024-09-14 21:28:50 | 2.841 | 501.71 USD |
| 2024-09-14 15:19:36 | 3.997 | 0.01139 BTC |
What does this haveno data represent?
This accounts for an aggregration of all publicly available data that we collect from the networks we can find, by some it may also be considered the most accurate price of Monero as it has been well-established that centralized exchanges might often fake their reserves essentially manipulating the price of of Monero at the same time, that's not to say that couldnt happen here too, it's just less likely, in terms of where the data comes from, for example if there is a fork of the original repository we will check the data there and make it available to the public here on this page or via the free API. The data will update once every 5 minutes as it involves some heavy background progressing to aggregate it all. The website serves no other function than data aggregation.