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Wire · technology

PhonePe launches UPI payment for feature phones without internet

31 August 2026 · By · Wire by Fusion42

Published

31 August 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at thehindubusinessline.com →

◆ Verified

Fusion42 · 1 September 2026 · Fusion42 review

PhonePe launched 'PhonePe UPI 123Pay', enabling UPI payments for feature phone users without requiring internet access, targeting over 200 million users in India and partnering with handset manufacturers to embed this capability.

This Wire brief sits within Fusion42's coverage of Fintech, and 14 sources have reported it.

◆ ◆ The Wire takeaway

PhonePe's move opens a large offline market for digital payments in India, requiring fintech founders to rethink reach strategies beyond smartphones and leverage partnerships with handset makers to access tens of millions of new users.

◆ Coverage

14 sources · 31 Aug 2026

◆ Topics

Fintechupifeature-phonesdigital-paymentsfinancial-inclusionphonepe