NPCI Announced Launch Of Many UPI Products In Global Fintech Festival Including Voice Based Hello UPI | UPI: Now UPI transactions can be done even by speaking, NPCI has launched many new payment products

NPCI Launched New UPI Products: Unified Payment Interface (UPI) is in full swing in the country and its popularity is increasing day by day. The Reserve Bank of India also often expresses happiness about the achievements of the country’s UPI system. Its issuing organization National Payment Corporation of India (NPCI) has now introduced a feature for UPI which can make it more efficient as well as easier.

NPCI introduces new payment option products on UPI

NPCI on Wednesday introduced new payment options on UPI, including the service of making payments through voice mode Reserve Bank of India (RBI) Governor Shaktikanta Das at the ‘Global Fintech Fest’ National Payments Corporation of India (NPCI) Introduced new products.

You will be able to pay by voice through Hello UPI

One of the products from the Global Fintech Fest, ‘Helo UPI’ was introduced, which enables voice-based UPI payments in Hindi and English through apps, phone calls and IoT (Internet of Things) devices. It is believed that with making UPI more popular, this feature can prove to be a game changer. Hello UPI will soon be available in other regional languages ​​of the country. It is divided into segments under which BillPay Connect facility can be availed along with Conversational Payments on UPI.

NPCI said that Artificial Intelligence (AI) enabled transactions can be completed for these Conversational Payments, which will enable the expansion of digital payments in the country more quickly and at more places.

credit line upi

NPCI said that with the ‘credit line’ facility on UPI, customers will get the facility to take pre-approved loans from banks through it. Through this, customers will be able to transact on the UPI platform through pre-approved loans.

NPCI introduced Lite X

Apart from this, NPCI has also launched another product called ‘Lite X’, using which rupee transactions can also be done offline.

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