Nikunj Gundaniya

2 years ago · 1 min. reading time · ~100 ·

Blogging
>
Nikunj blog
>
A New Revolution: Make Payment without Internet & Smartphone

A New Revolution: Make Payment without Internet & Smartphone

Reserve bank of India (RBI), India’s central bank and regulatory body, has made a remarkable move for the Fintech industry in India. RBI has issued a new framework UPI123Pay that enables users for offline digital payments for featured phones.

 

 

 

This move will significantly boost the digital payment methods and people will be more aware of various modes of digital payments. So what are you waiting for! Let’s quickly peek into the details of guidelines and see how this move can help you in your business to prospect more.

Reserve bank of India issued a ‘Statement on Developmental and Regulatory Policies’ with three pilots in three different regions of India to test with small value-based transactions. 

With the proven results, the RBI has concluded it fit to issue and introduce the solution and framework for the public interest.

READ MORE : Make Payment without Internet & Smartphone

 


 

#RBI #Smartphone #India #Internet #New Revolution
Comments

Articles from Nikunj Gundaniya

View blog
2 years ago · 1 min. reading time

Strengthening data and payment processing security with Tokenization Technology

A secure financial system is one that does what it is supposed to. And it is supposed to empower all ...

2 years ago · 1 min. reading time

What is FinTech and how it has impacted banking?

FinTech is no longer a jargon of the banking industry. Instead, it has become a familiar term in tec ...

2 years ago · 1 min. reading time

Higlights of DigiPay.Guru’s visit to Seamless Middle East 2021

DigiPay.Guru has contributed significantly to reshape the future of fintech and digital payment solu ...

You may be interested in these jobs

  • Eteily Technologies India Pvt. Ltd.

    Business Development Executive

    Found in: Talent IN C2 - 1 day ago

    Eteily Technologies India Pvt. Ltd. Bhopal, India Full time

    Job Location: - Bhopal, MP (On-site) · Qualification: - Bachelor's degree/MBA/Preferred in · marketing or international business. · Experience: 1-3 Years · Job Responsibility: - · Business coordination with our clients leads generation. · Developing new customers and new markets ...

  • Tranquil Hr Solutions Pvt Ltd

    Project Engineer

    Found in: Talent IN C2 - 1 day ago

    Tranquil Hr Solutions Pvt Ltd Bengaluru, India Full time

    Job title: Project Engineer Education: B.E / B.tech Mechanical Experience: 2-5 years. · Location: Peenya Industrial, Bangalore. · Job term: Full time. · Salary range: Initially dependent on experience, thereafter on performance. · About us: We are the largest manufacturer of comm ...

  • Digi Upaay Solutions Pvt. Ltd

    Digi Upaay

    Found in: Talent IN 2A C2 - 1 day ago

    Digi Upaay Solutions Pvt. Ltd Bengaluru, India

    Preferred Skills : · - Hive, Spark, PySpark, Python, CI/CD, Kafka, MySQL, NoSQL, GCP, Big Query · Responsibilities : · - Minimum 3 years of experience in Big Data technologies · - Hands-on experience with the Hadoop stack · HDFS, sqoop, Kafka, Pulsar, NiFi, Spark, Spark Strea ...