123PAY Current Affairs, GK & News

123PAY: UPI for Feature phones

On 8th March 2022, Reserve Bank of India (RBI) Governor Shaktikanta Das launched Unified Payments Interface (UPI) for feature phones called “UPI123Pay”. About UPI 123PAY UPI ‘123PAY’ is a three-step method to initiate and execute services for those who use feature phones. Except ‘scan and pay’ option, all other transactions can be done by feature ..