Indian government has taken one more step to advance the digital payment system. The RBI and NPCI has launched a new way to UPI for basic phone users and it is names as UPI123Pay. Now the Internet dependency will not be hindrance in digital transactions. Here in this post we will discuss all about UPI123Pay, what is it and how it works in digital transactions for basic phone user.
What is UPI123Pay
The UPI123Pay is an UPI functionality for digital transactions for Basis Phone users. It is launched jointly by the Reserve Bank of India and National Payment Corporation of India to keep in mind the 40 millions of people who use basic phone only. Till now these people were not able to use UPI system.
Digi Saathi
Digi Saathi is the digital platform which will help users 24*7 hours. Digisaathi will help you to understand the full method of UPI123Pay.
How Does UPI123Pay Works
Now basic phon user will be able to make any type of money transaction with the help of UPI123Pay. The good thing is that it is very simple and no dependency on Internet to make any transaction. So let’s understand how to use UPI123Pay by your basic phone.
Step 1. First of all call at 08045163666 and use IVR options to setup your UPI account. Note that use mobile number that is registered with your bank account. Setup UPI pin also.
Step 2. Once you have setup your UPI account now your are ready to check your balance, transfer money to other bank accounts by using mobile number (UPI Registered) or bank account number.
Step 3. Call at 08045163666 and choose your option what yo want to do that is, Money transfer, mobile recharge, Gess filling or to check your bank account balance.
UPI123Pay Methods
To use this method of transaction by your basic phone you can choose from the following options.
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IVR Option
In this method you have to call at this number 08045163666 and follow the options as per your requirement.
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