Launched Lastest Features Of UPI In Global Fintech Fest 2023
Hello friends, how are you all ? Today I would like update you regarding three lastest features of UPI, as you all are already familiar with UPI(Unified Payment Interface) moving money to different Bank account by using single window, just scan the QR code, enter the Pin code( secret code) easily money will transferred to beneficiary account
Firstly UPI Lite X launched by Reserve Bank Of India(RBI) a lastest features which allow the user to send and receive my money offline during Global Fintech Fest 2023. Yes you heard it correct now transferring money become more easy and even more secure. Nowadays In India doing UPI payment become habit, 60% of customer want to do UPI payment.
UPI Lite X is updated version of UPI Lite, features to allow the user to execute the transaction in poor connectivity area like remote area, under ground area, etc Now sending and receiving payment offline, accessible to anyone with smartphone that support NFC(Near Field communication). The payment of UPI Lite X of upto rs 200 later raised to rs500
Secondly, UPI ATM, Recently launched in the Global Fintech Fest(GFF) 2023 in Mumbai by NPCI(National Payment cop) now you can debit the cash from ATM without carrying card with you. Currently cardless cash withdrawal via ATM set a limit of rs 10,000.
When we go market, usually forget to take ATM 😜 as we are fully dependent on mobile access payment only but in case of cash we have to rush to home to bring debit/credit Card. Another good point is now don't have to search for your bank ATM to avoid the transaction charges.
Thirdly, Now UPI payments will enable voice-initiated transactions in Hindi and English. This feature aims of make digital payment more accessible and comfortable especially to senior citizens, remote area people and non technical people. Just command hello UPI transferred the money(amount) to beneficiary and simply adding PIN.
Now digital payment become more accessible, easy operable and more secure.
Let me know in comment section
when you go for shopping what mode of payment you preferred.
Do you think these features bring more people into digital payment mode?
NAMASTE 🙏🇮🇳
Posted Using LeoFinance Alpha
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