Good News For Keypad Phone Users! Now Transfer Double The Amount With UPI – Find Out How

With the rise of digital transactions , UPI has transformed the way we transfer money. But what if you don’t have a smartphone or internet connection? Good news! The Reserve Bank of India (RBI) has now doubled the payment limit for UPI123Pay , making it easier for feature phone users to make larger transactions.

New UPI Payment Rules : Double the Limit for Feature Phones

The RBI has revised its UPI payment rules, allowing more flexibility for users of feature phones. RBI Governor Shaktikanta Das recently announced an increase in the UPI 123Pay limit during the Monetary Policy Committee meeting on October 9. With this change, users can now send up to ₹10,000 via UPI123Pay, up from the previous limit of ₹5,000. Additionally, the UPI Lite wallet limit has also been increased from ₹2,000 to ₹5,000, making it more convenient for everyday transactions.

Impact on Rural Areas and Feature Phone Users

The RBI’s decision is expected to have a significant impact in rural areas and among lower-income groups, where feature phones are still widely used. UPI123Pay enables users to make payments even without an internet connection, using just their keypad phones. This move is designed to promote digital transactions in areas with limited smartphone penetration or poor internet connectivity. The RBI expects this change to boost UPI payments , particularly in small towns and villages.

What is UPI123Pay?

UPI123Pay is a service provided by NPCI (National Payments Corporation of India) that allows feature phone users to make UPI payments without needing internet access. This service caters specifically to users who do not own smartphones but still want to use digital payment methods.

How to Use UPI123Pay for Payments Without Internet

Here’s a step-by-step guide to making payments using UPI123Pay:

Dial *99# from your feature phone.

Select option 1 from the menu.

Choose the type of transaction you want to make.

Enter the UPI ID, phone number, or bank account number of the recipient.

Input the amount you wish to send.

Enter your UPI PIN.

Finally, tap "Send" to complete the transaction.

Note: Some banks offer UPI payment services via USSD codes, allowing users to make payments without internet connectivity. This feature ensures that digital transactions are accessible to a broader segment of the population, even in areas with low connectivity.

With the recent changes, UPI123Pay has become even more user-friendly, ensuring that everyone, regardless of their device, can enjoy the convenience of cashless payments.