Your mobile number is associated with the account you have added to InstaPay.
If you have more than one account, you need to select a default account from account management.
This way you will receive the funds when someone sends money to your mobile number.
What is the transaction status handling?
InstaPay provides you with the transaction status instantly, the status can be one of the following:
Successful Transaction: means that the transfer amount is credited to the beneficiary account.
Rejected Transaction: means that the transfer was rejected, and the transfer amount is reversed to the sender account.
Pending Transaction: which means that the transaction is sent to the beneficiary bank which will executed it shorty. The transaction status will be updated shortly with either being successful or rejected.
What Is IPA
An Instant Payment Address “IPA” is a simplified address for your account (name@InstaPay).
You can use IPA to receive money instead of sharing your account number.