What’s UPI 123PAY
Unified Funds Interface (UPI) is a 24-hour fee channel enabling clients to carry out quick, encrypted and real-time funds. Until now, the answer was accessible solely by means of smartphones or by means of Unstructured Supplementary Service Information (USSD) service and was depending on good web connectivity. The UPI 123PAY resolution would lengthen the performance and facilitate the function to any cellphone customers and people in low web connectivity zones to carry out UPI transactions.
“India’s giant inhabitants resides in rural and semi-urban areas. Such a inhabitants nonetheless depends on money for his or her day by day wants. With roughly 63% of our branches being positioned within the rural and semi-urban areas, PNB, has an enormous buyer base within the distant areas of the nation. To facilitate such individuals, who would not have entry to smartphones or web connectivity, we’re delighted to introduce the performance of UPI 123PAY. It would allow EVERYONE with ANY cellphone to make PAYMENTS by means of UPI from ANYWHERE in INDIA. The performance can be accessible for non-PNB clients.” MD & CEO, PNB, mentioned.
Find out how to use UPI 123PAY
The UPI 123PAY performance is straightforward and includes the next steps:
Step 1-Dial the financial institution’s easy-to-remember IVR quantity “9188-123-123″
Step 2-Select the beneficiary
Step 3-Authenticate the transaction
UPI 123PAY might be multilingual and be accessible within the buyer’s most well-liked language.
IDFC First Financial institution, Metropolis Union Financial institution & NSDL Funds Financial institution have gone stay on IVR funds.
Up to date: 12 Jun 2023, 03:01 PM IST