Universal Payment Identification Code

A Universal payment identification code or UPIC is an identifier (or banking address) for a bank account in the United States used to receive electronic credit payments. A UPIC acts exactly like a US bank account number and protects your sensitive banking information. Your actual bank account number, including your bank's routing transit number, are masked by the UPIC. Only credit transactions to your account can be initiated with a UPIC. All direct debits are blocked which should mitigate unauthorized transactions to your account.

Other benefits of UPICs include:

  • UPICs mask confidential banking information, reducing the risk of fraud while facilitating secure electronic payments.
  • UPICs are restricted to credit payments, preventing unauthorized debits.
  • UPICs remain with the customer regardless of banking relationships, making any change of bank or account transparent to trading partners.
  • UPICs point to a single bank account, however one account can have several UPICs

Concerns with UPIC include:

  • UPICs only work for NACHA's Automated Clearing House or ACH credit transactions. FEDWIRE credits cannot use UPICs.
  • Your bank must use the Electronic Payments Network or EPN for ACH processing to issue UPICs.

UPIC is developed and marketed by the Electronic Payments Network.

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