Punjab National Bank (PNB) has rolled out an IVR-powered digital payment solution — UPI 123PAY — in collaboration with the National Payments Corporation of India.
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The introduction of 123PAY UPI is aimed at providing UPI perks to areas without internet connection and people having no smartphones.
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What is 123PAY UPI?
Unified Payments Interface (UPI) is a 24-hours real-time payment solution for secure transactions. 123PAY UPI is a similar way of payment via a feature phone. Through UPI 123PAY, users can initiate transactions by calling an IVR (interactive voice response) number.
How to use 123PAY UPI?
- Dial 08045163666 / 6366200200/ 08045163581
- Select the mode of payment
- Enter the UPI pin to proceed
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At present, NPCI has added the regional languages English, Hindi, Kannada, Tamil, Bengali, Malayalam, and Telugu to the solution.