‘Initiatives being taken to make UPI available on feature phones’, says RBI governor as number of UPI transactions cross 10 billion in August
RBI governor Shaktikanta Das has said that initiatives have been taken to make feature phones also operate the UPI payment system.
NRIs will be able to use UPI with their international phone numbers linked to NRE/NRO accounts, NPCI issues directions
NPCI has announced that NRE and NRO account holders with international mobile numbers will be able to use UPI
123PAY is aimed to fill the gap in digital payment system and include 40 crore feature phones in the digital banking ecosystem.
The decision by Visa will pave for faster adoption of digital mode in financial transactions