UPI for Feature Phones: 37000+ Users Join UPI123Pay Since Launch

The UPI123Pay service allows users to send money across to other people without the presence of an internet connection. So basically, feature phone users can send money to other people without internet and without any other charges. It is completely free and allows cashless economy to grow.

Highlights

  • UPI123Pay, a UPI (Unified Payments System) service built and designed for people with feature phones has seen a great response from the Indian users.
  • The UPI123Pay service allows users to send money across to other people without the presence of an internet connection.
  • It is worth noting that the Indian government is planning to take UPI outside the country as well.

Follow Us

UPI

UPI123Pay, a UPI (Unified Payments System) service built and designed for people with feature phones, has seen a great response from Indian users. The feature was launched to people of the country on March 8, 2022. Since then, more than 37,000 users have joined the platform. According to a PTI report, 21,833 successful transactions have also taken place since the launch.




The UPI123Pay service allows users to send money across to other people without the presence of an internet connection. So basically, feature phone users can send money to other people without the internet and without any other charges. It is completely free and allows the cashless economy to grow.

Until the launch of UPI123Pay, only users with an internet connection and smartphone could leverage the UPI platform for transacting online. But now, the same facility has been extended to feature phone users who don’t have access to a smartphone or an internet connection.

Government Planning to Take UPI Outside India Too

It is worth noting that the Indian government is planning to take UPI outside the country as well. The NPCI International Payments Limited (NIPL), a wholly-owned subsidiary company of the National Payments Corporation of India (NPCI), is committed to taking UPI outside India as well.

This would enable Indians travelling in foreign countries to make payments in a seamless manner without having to worry about cash.

At present, BHIM UPI has been accepted in Singapore, Bhutan, UAE (United Arab Emirates), and Nepal. But the overseas use of BHIM UPI has been slightly less for now because people are travelling less because of the pandemic.

The growth of the feature phone UPI system is a great sign for the Reserve Bank of India (RBI), NPCI, and the government. However, the Indian Telecom operators would want these users to shift to a smartphone so that they can leverage the 4G and 5G networks in the future for digital connectivity.

The telecom industry wants to leave 2G behind but can’t do so because there are still many feature phone users in the market.

Reported By

Editor in Chief

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Recent Comments

TheAndroidFreak :

If both BSNL 4G and Vi 4G is good at a location, people are preferring BSNL. Those who want to…

Vodafone Idea offers Deepawali Rewards: Full Details Here

Faraz :

I think that's small cell for B40c 4G and n78 5G. Why are they installing sites like that, how much…

Jio Delivers Data at 15 Cents a GB: Mukesh Ambani…

Faraz :

As of now BSNL don't have any advantage over spectrum but rather affordability. If both BSNL 4G and Vi 4G…

Vodafone Idea offers Deepawali Rewards: Full Details Here

TheAndroidFreak :

Off Topic : OnePlus 13 AnTuTu and storage speed score Snapdragon 8 Elite SoC with 24GB RAM + 1TB storage

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

Shivraj Roy :

Out of topic Jio 5G tower with “5” rubbed off lol

Jio Delivers Data at 15 Cents a GB: Mukesh Ambani…

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments