 "RBI Governor Shaktikanta Das")
To deepen the adoption of digital payments in the country, the Reserve Bank of India (RBI) on Tuesday launched a Unified Payments Interface (UPI) for feature phone users. This will ensure further democratisation of UPI in the country and make digital payments more inclusive by including the participation of people belonging to the economically lower strata of society.
The UPI for feature phone users will be known as UPI123Pay, and will have almost all the features of UPI that are there on smartphones. The UPI can, in fact, be used on the feature phones even currently, but the process is USSD
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