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08.03 / 13:21
Mobile Digital UPI123Pay Launched; Check how to make payments without Internet
The Reserve Bank of India (RBI) and the National Payment Corporation of India (NPCI) have jointly launched a UPI functionality for feature phones called UPI123Pay today. This interface will work without internet and for feature phones (earlier generation mobile phones without smart features). This new initiative by RBI will help in increasing the digital transaction ecosystem of India by bringing in the rural population into thecashless fold. Along with this, a 24x7 helpline for digital payments called DigiSaathi has also been unveiled by the RBI Governor Shaktikanta Das. The helpline will both help the customers in fluidly transacting using UPI123Pay as well as provide information on digital services and products to curb fraudulent activities. Read on to find out how to use UPI123Pay and the UPI123Pay features.
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