Sunday, May 22, 2022

RBI launches UPI123Pay, How to use UPI123Pay for feature phones

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The Reserve Bank of India along with the National Payment Corporation of India launched UPI 123Pay on March 9, 2022. This is a service that allows those with feature phones to use UPI; it allows one to make payments without the internet.

UPI123PAY for feature phones will have all of the necessary smartphone features. This initiative will improve digital payments to a higher level, paving the way for a cashless economy.

With the 123PAY feature, one does not need internet connectivity to transact online. Further, this service can be accessed in various Indian languages.

With the new facility, both smartphone and feature phone holders can now easily transact digitally.

UPI for feature phone, i.e., UPI123Pay is a three-step process – call, choose and pay.

Before starting to make the payment, it is required that user links his/her bank account with the feature phone.

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