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Banking - General Knowledge Questions
What is the name of the new payments service launched by RBI?
A)
123Pay
B)
129Pay
C)
157Pay
D)
234Pay

Correct Answer :   123Pay

RBI Governor "Shaktikanta Das" launched a new UPI payments service for feature phones named UPI 123Pay on March 8, 2022. The UPI payments gateway involves a three-step method to initiate and execute services for users.The service will benefit an estimated 40 crore feature phone users and enable them to undertake digital payments in a secure manner.

Published On : March 8, 2022
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