Revolutionary change in UPI payment: Now without internet, you will be able to pay money on PhonePe, will also be able to pay feature phones – know how!

Now for digital payment, you do not need to always worry about fast-paced internet connection or expensive smartphone! PhonePe has done a wonderful scope for digital payments in India. This is a very good news, especially for millions of people who do not have smartphones or who live in areas where there is internet problem. Now PhonePe users without internet connections feature phone You will be able to make UPI payment easily. This is a step that will further strengthen the dream of Digital India!

How will this new system work?

PhonePe on its platform UPI Lite X And ‘Tap and Pay’ (Tap & Pay) As you have launched the facilities, which are now going to change the method of payment on both smartphone and feature phones:

1. What is UPI Lite X? (For offline payments):

   • This feature is especially designed for low-value transactions (eg up to ₹ 200).

   • It works without internet: You load a small amount (eg ₹ 2000) in the UPI Lite X Wallet from your bank account. After this, you can make offline payment any number of times even if there is no internet connection.

   • Facility: Now you will not need to put a pin. The payment will be made even if both the payment and the payment takes not online at that time. This will make the transaction so fast that as soon as you bring your phone near or scan QR, payment will be made immediately. This will increase the speed of payment in rural or weak networks areas manifold.

2. What is ‘Tap & Pay’? (Based on NFC):

   • This feature uses NFC (Near Field Communication) technology.

   • Nearby transactions: Smartphones or advanced feature phones that have NFC facility, they will now be able to pay their phone to a merchant’s POS (Point of Sale) machine or any other NFC-competent device and pay as soon as ‘tap’.

   • Fast and simplicity: It also works very fast and is a more convenient and safe way than a cash or card.

What does feature phone users mean?

This new system of PhonePe, which requires less internet, will directly benefit the phone users.

• Simple Uses: Now people with feature phones will also be able to make UPI payments easily through their simple phone dialer (eg ussd code *99#) or perhaps some selected NFC-enabled feature phones.

• Digital Inclusion: There are still a large number of people in India who use feature phones due to being affordable. This initiative will connect millions of people with the digital payment revolution that was still deprived of it because they did not have a smartphone or they were not able to use the Internet.

• Reduction on cash: This will reduce cash transactions and increase financial transparency.

Role of Reserve Bank of India (RBI):

This feature is an expansion of RBI’s “UPI Lite” initiative, which aims to enable UPI transactions of small value without any obstruction. It was approved by RBI last year, so that digital payment could be made more accessible. PhonePe has now taken it to the next level by naming it ‘UPI Lite X’ and adding ‘Tap and Pay’.

This change will really bring a big revolution in India’s payment system and will bring digital payment to everyone’s reach, even if it is anywhere or what phone it has.