On RBI anvil: UPI to benchmark framework

Conversational UPI payments
RBI has proposed to launch “conversational payments” on UPI so that users can engage in conversation with an AI-powered system to initiate and complete transactions. The facility will initially be available in Hindi and English.
Offline UPI payments
It plans to facilitate offline transactions using Near Field Communication technology. This will enable payments in situations with weak connectivity.
This story is subscriber only!

Now subscribe at a special Republic Day offer of Rs 75/month.
Subscribe Now
Already a subscriber? Sign in