What is UPI 123Pay? Working Process, Details

What is UPI 123Pay: As everyone knows, now the banking system has become so easy that you can make payments from anywhere, now you can transfer money online with just one touch. All your payments, electricity bills, water bills, EMI, mobile recharge everything can be done from your smartphone. Carrying forward with this service Reserve bank of India (RBI) has launched a very new service which is called UPI 123pay. You can use this service in the feature phone, there are many users in India who use the feature phone and are not using any kind of smartphone. So this service is basically for them so that they can make use of the feature phone to make payments. This service is offline, you just have to make a call to make an offline payment by using your UPI pin. All the related information about UPI 123pay will be given here on this page. Read the full article to know more about it.

What is UPI 123Pay (1)

What is UPI 123Pay?

The UPI 23pay has been launched by the RBI governor Shaktikanta Das, he has introduced this service for all the feature phone users in India. Till now all the transactions of the money were only done by the smartphone and everyone was very well aware of the service. But the problem was for all the feature phone users, the transferring of the money was very difficult for them as they were not aware of it or because they do not use smartphones. As of now, everyone in India uses smartphones, but still, there are some people in India who uses feature phone. There are 40 crore feature phone users in India and these people are having difficulty in accomplishing the payments. People in villages, rural areas are also not aware of the service and that is because they also don’t use smartphones.

Unified Payments Interface 123Pay – Overview Table

Article categoryService
Article NameWhat is UPI 123Pay?
Service launched by Governor of RBI
Service launched underShaktikant Das
Launched date9th March 2022
ObjectiveTo make money transactions easy for all the feature phone users
BeneficiariesAll the feature phone users

Where can you use Unified Payments Interface 123Pay?

Now you can use the UPI 123pay anywhere, the payment will be done by using the UPI pin this will be done the same as you do in the smartphone by entering the UPI pin. You can do the payment in any shop or for LPG gas, electricity bill, or for any other payment with your feature phone. You will be able to check your bank balance from this service on your phone. The service is totally offline as there is no internet service on the feature phone.

How to make payment through UPI 123pay?

All the feature phone users will be able to do the money transfer and make payments from their feature phone. This is the easiest way for every non-internet mobile user to make payments from their mobile phones. Follow the below-given steps to know how to do the UPI 123pay:

  • To make the payment from UPI 123pay, you just have to dail 08045163666 from your registered mobile number which is linked to your bank account.
  • Then after you have dailed the number, you will be asked to select your preferred language.
  • Then you will be asked to tap 1 to make payment from your phone.
  • Then you have to choose your bank which is linked to your UPI Pin, which you have set before making the payments.
  • After that press 1 to confirm your details.
  • Post that you have to again press 1 to transfer the money.
  • Now you have to enter the mobile number in which you have to make payment.
  • Then enter the amount and then enter the UPI Pin.
  • Lastly the payment will be successfully done.

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