← Back

Wire · technology

UPI without internet: PhonePe 123Pay launched for feature phones

Published

31 August 2026

Topic

technology

Sectors

Fintech

Geography

India

Source

Read at english.mathrubhumi.com

Verified

Fusion42 · 1 September 2026 · Fusion42 review

PhonePe has launched UPI 123Pay, enabling over 200 million feature phone users in India to make UPI payments without internet via an SMS-based system, partnering with major handset makers for pre-installed access. The service includes peer-to-peer and peer-to-merchant payments, voice-assisted help in multiple languages, and plans for future features like bill payments and recharges.

This Wire brief sits within Fusion42's coverage of Fintech, and 11 sources have reported it.

◆ The Wire takeaway

PhonePe's SMS-based UPI on feature phones breaks smartphone dependency for digital payments in India. You can now target millions locked out of traditional mobile banking, opening huge user growth potential in underpenetrated rural and low-connectivity areas.

Coverage

11 sources · 31 Aug 2026

Topics

Fintechupifeature-phonesdigital-paymentsfinancial-inclusionphonepe