NO INTERNET, NO SMARTPHONE? PhonePe`s UPI 123PAY makes payments easy; CEO Sameer Nigam tells all
PhonePe launched PhonePe UPI 123Pay, bringing UPI payment capabilities to feature phone users across India without the need of an internet connection. Speaking to ANI, Founder and CEO of PhonePe Sameer Nigam said, "The newly launched PhonePe feature phone app runs on the UPI 123 protocol. This is something that NPCI introduced specifically for feature phones because these phones are not internet- or data-enabled. However, they all have SMS capability... It is designed for feature phones of all kinds. It is as safe and secure as regular smartphone payments, but slightly different because not all feature phones have cameras. Around 40% of feature phones have cameras. Peer-to-peer payments will work for everyone. Users can send money to a mobile number, send money to a VPA, or scan a QR code and make payments if their phone has a camera. You can also check their balance and perform several other functions, all through the SMS gateway..."
