RBI launches UPI for feature phones: Here's how to make payment without internet, smartphone

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. (source: zeenews)

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Using UPI 123PAY, you will require only three-step process to initiate and execute a payment.

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Such users can initiate payments to friends and family, pay utility bills, recharge the FAST Tags of their vehicles, pay mobile bills and also allow users to check account balances, it said, adding customers will also be able to link bank accounts, set or change UPI PINs.

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The RBI Governor also launched a 24x7 helpline for digital payments on Tuesday, which has also been set up by the National Payments Corporation of India.

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