RBI Governor Shaktikanta Das in the present day launched UPI for characteristic telephones known as UPI123Pay. He additionally launched 24×7 helpline for digital funds – DigiSaathi. UPI on characteristic telephones will assist individuals in rural areas who can’t afford a smartphone.
UPI123Pay
- UPI (unified funds interface) ‘123PAY’ is a three-step technique to provoke and execute companies for customers which can work on easy telephones.
- UPI 123Pay will permit prospects to make use of characteristic telephones for nearly all transactions besides scan and pay.
- It would not want an web connection for transactions. Prospects must hyperlink their checking account with characteristic telephones to make use of this facility.
- Function telephone customers will now be capable to undertake a bunch of transactions based mostly on 4 know-how options.
- They embody calling an IVR (interactive voice response) quantity, app performance in characteristic telephones, missed call-based method and likewise proximity sound-based funds, the RBI stated.
- Such customers can provoke funds to family and friends, pay utility payments, recharge the FAST Tags of their automobiles, pay cell payments and likewise permit customers to verify account balances.
- Prospects may even be capable to hyperlink financial institution accounts, set or change UPI PINs.
Based on a report in PTI, there are an estimated 40 crore cell phone customers who possess characteristic telephones.
‘Digisaathi’
- A 24×7 helpline for digital funds has additionally been arrange by the Nationwide Funds Company of India (NPCI).
- The helpline christened ‘Digisaathi’ will help the callers/customers with all their queries on digital funds through web site and chatbot.
- Customers can go to www.digisaathi.data or name on 14431 and 1800 891 3333 from their telephones for his or her queries on digital funds and grievances.
Supply: Live Mint