Question

    The UPI payment system for non-smart or feature phones

    is known as _____
    A UPI Lite Correct Answer Incorrect Answer
    B UPI FeaturePay Correct Answer Incorrect Answer
    C UPI 123Pay Correct Answer Incorrect Answer
    D UPI NACH Correct Answer Incorrect Answer
    E UPI IMPS Correct Answer Incorrect Answer

    Solution

    UPI 123PAY is an instant payment system for feature phone or non-smart phoneusers and users with limited or no internet connectivity , who can use Unified Payments Interface (UPI) payment service in a safe and secure manner. UPI123 was launched in March 2022, with a view to enable feature-phone users to use UPI. The per-transaction limit in UPI123Pay is capped at ₹10,000 (enhanced from ₹5,000 in Oct 2024) This facility is available in 12 languages .

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