RBI's New 'Tap and Pay' Feature Enables Offline UPI Payments
· Technology · News18, Zee News
The Reserve Bank of India has introduced a 'Tap and Pay' feature for UPI, allowing users to make payments without an active internet connection or a dedicated UPI app. This functionality leverages Near Field Communication technology to facilitate transactions. The feature is designed to simplify the payment process in areas with poor connectivity. The implementation is expected to change how consumers interact with digital payment systems in India.
Why it matters
The new feature removes barriers to digital payments for users in low-connectivity regions, potentially expanding the reach of the UPI ecosystem.
Read the original report — News18
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