Wire by Fusion42
Fusion42 Scout Raise
The Debrief & Outliers
Regulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers
Benchmarks
Benchmarks HomeBy News TypeBy RegionBy Sector
AI WeeklyAbout

Switch product

Fusion42RaiseScoutWire

The Debrief & Outliers

All editionsRegulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers

Database & benchmarks

Benchmarks HomeBy News TypeBy RegionBy SectorStories

Account

Sign in
← Back

Wire · technology

PhonePe Launches UPI 123Pay For Feature Phones, Boosting Financial Inclusion

31 August 2026 · By · Wire by Fusion42

Published

31 August 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at m.rediff.com →

◆ Verified

Fusion42 · 31 August 2026 · Fusion42 review

PhonePe has launched UPI 123Pay, enabling over 200 million Indian feature phone users to perform UPI digital transactions without internet via an SMS-based system, advancing financial inclusion.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.

◆ ◆ The Wire takeaway

You can now reach over 200 million non-smartphone users with reliable digital payments via SMS, bypassing internet dependency. Phone makers bundled with this service open a clear path to massively grow your payment user base.

◆ Coverage

3 sources · 31 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupifeature-phonesfinancial-inclusiondigital-paymentssms-technology