Friday, 24 March, 2023

RBI Governor launches UPI service for feature phone users

<p>The Reserve Bank of India announced the deployment of a unique payment feature, including the ability for users with feature phones to use UPI payments. While mobile phone payments have gained popularity, the addition of feature phones is expected to speed up the adoption of digital payments in rural India. Payments will be made via IVR number, app capability in feature phones, missed call-based transactions, and sound-based payments with the UPI123Pay feature.<br /> &nbsp;</p>