UPI Tap and Pay Feature launched in India

UPI Tap and Pay feature being used with an NFC-enabled smartphone and POS terminal

UPI Tap and Pay lets users make payments without entering a UPI ID or scanning a QR code, using an NFC-enabled smartphone and compatible point-of-sale (POS) terminal. The feature was launched on the second day of the Global Fintech Fest in Mumbai. RBI Governor Sanjay Malhotra inaugurated the new payment facility. UPI Tap and Pay … Read more