Wire · technology
Newly-launched PhonePe UPI 123Pay service will empower rural merchants, enable ...
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Fusion42 · 1 September 2026 · Fusion42 review
PhonePe launched the UPI 123Pay service enabling feature phone users in rural India to make digital payments without internet, supporting transactions up to Rs 5,000 per transaction and Rs 10,000 daily, expanding financial inclusion.
This Wire brief sits within Fusion42's coverage of Fintech, and 16 sources have reported it between 31 Aug 2026 and 1 Sep 2026.
◆ ◆ The Wire takeaway
Rural merchants without smartphones now have a practical digital payments route. You can engage feature phone users with UPI transactions without internet reliance and expand your merchant base instantly.
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16 sources · first reported 31 Aug 2026 · latest 1 Sep 2026
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