RBI launches UPI for feature phones
Shortpedia
Content Team
Image Credit: business today
RBI Governor Shaktikanta Das on Tuesday launched the most awaited Unified Payments Interface (UPI) facility for feature smartphones. This new service -- UPI 123PAY --will enable over 40 crore feature phone users to access the popular digital transactions platform, without having an internet connection. Using UPI 123PAY, you will require only three-step process to initiate and execute a payment.
