New! Reserve Bank introduces a Digital financial transaction facility for those with ordinary phones!
Posted on: 09/Mar/2022 12:14:06 PM
The Governor of the Reserve Bank of India, Chandrakantha Das, has introduced the digital financial transaction facility – UPI Transaction Scheme - for the citizens with ordinary cell phones!
The system is known as ‘123PAY’. With this, a citizen can undertake financial transactions through the cell phone even without the internet facility
This facility can be availed throughout the 24 hours a day on all days!
