PNB launches IVR based UPI 123PAY: How to utilize, other functions

Synopsis In keeping with the Digital Payment Vision 2025 of a cashless and cardless society, Punjab National Bank (PNB) has actually produced UPI 123PAY, an IVR-based UPI service. This was revealed by the bank in a news statement.Getty ImagesPunjab National Bank (PNB) has actually introduced an IVR-based UPI service, UPI 123PAY, in line with the Digital Payment Vision 2025 of a cashless and cardless society. The bank made this statement by means of a news release. What is UPI 123pay The Unified Payments Interface (UPI) is a 24-hour payment channel that enables consumers to make safe and secure, real-time payments. Till up until, the service was just readily available by means of mobile phones or the Unstructured Supplementary Service Data (USSD) service, and it was dependent on appropriate web connection. The UPI 123PAY option would expand the performance and make it much easier for phone users and those in locations with minimal web connection to perform UPI deals. How to utilize The UPI 123PAY performance is easy and includes the following actions, according to journalism release: Step 1-Dial the bank’s easy-to-remember IVR number “9188-123-123” Step 2-Choose the recipient Step 3-Authenticate the deal Further, the UPI 123PAY will be multilingual and be offered in the client’s favored language. Other banks IDFC First Bank, City Union Bank & NSDL Payments bank have actually gone live on IVR payments. Solutions are supported by Ultracash & Tonetag. Crucial FAQs about UPI123Pay based on NPCI site. Is UPI PIN needed in UPI 123pay? While reg
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