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Good News! RBI is starting from today the facility of online payment without internet, big advantage for feature phone users

Nowadays the trend of doing digital payment is increasing very much. Digital payment is done through apps like Google Pay, PhonePe, Paytm in which you need internet and smartphone. But now you will be able to pay even without smartphone and internet. The Governor of the Reserve Bank of India (RBI) had announced in December 2021 that people with feature phones would soon be able to use UPI to make payments. The central bank has said through a tweet on its official Twitter account that it will launch UPI for feature phones today.

RBI said in the tweet that the launch of UPI for feature phones will be done today (March 8, 2022) at 12 noon. It will be launched by RBI Governor Shaktikanta Das. 

What are feature phones?
Feature phones are not like smartphones, they can only do basic tasks like making calls and sending text messages. But now feature phone users will be able to make digital payments without internet. RBI Governor Shaktikanta Das said that it is very important to provide digital payment method to feature phone users. Feature phone users will be able to make payments through SMS and internet connection is not required for this.

India has a huge mobile phone consumer base of around 118 crore users. Out of this, a large number of users are still using feature phones. According to Statista, in July 2021, about 74 crore users have smartphones.

Let us tell you that some time ago specially *99# service was started for all mobile users, irrespective of phone model, this facility supports both smartphone and feature phone. Also, the phone number must be linked to your bank account to make UPI payments.

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