UPI 123PAY

E633199

UPI 123PAY is a feature of India’s Unified Payments Interface that enables users with basic or feature phones to make digital payments without needing a smartphone or internet connection.

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Statements (29)

Predicate Object
instanceOf Unified Payments Interface feature
digital payment service
offline UPI payment solution
aimsTo expand UPI access beyond smartphone users
increase financial inclusion
associatedWith RBI vision for digital payments
country India
developedBy National Payments Corporation of India NERFINISHED
enables digital payments
person-to-merchant payments
person-to-person payments
operatesIn India NERFINISHED
partOf Unified Payments Interface NERFINISHED
paymentRail UPI NERFINISHED
regulatorOversightBy Reserve Bank of India NERFINISHED
requiresInternetConnection no
requiresSmartphone no
supportsDeviceType basic phone
feature phone
supportsLanguage multiple Indian languages
supportsPaymentType real-time payments
retail digital payments
supportsUseCase bill payments
fund transfers
merchant payments
targetUserGroup feature phone users
unbanked population
underbanked population
usesAuthenticationMethod UPI PIN

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.