PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 220 million users who still rely on basic handsets. The rollout, unveiled at the Global Fintech Fest 2026 in Mumbai, expands the reach of India’s payments stack beyond smartphones and could materially widen formal digital commerce in smaller towns and rural markets.
"PhonePe Extends UPI to 220 Million Feature-Phone Users, Deepening India’s Cashless Push"
PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 220 million users who still rely on basic handsets. The rollout, unveiled at the Global Fintech Fest 2026 in Mumbai, expands the reach of India’s payments stack beyond smartphones and could materially widen formal digital commerce in smaller towns and rural markets.
PhonePe Extends UPI to 220 Million Feature-Phone Users, Deepening India’s Cashless Push
RDU Global Wire
BFSI & Fintech Desk
PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 220 million users who still rely on basic handsets. The rollout, unveiled at the Global Fintech Fest 2026 in Mumbai, expands the reach of India’s payments stack beyond smartphones and could materially widen formal digital commerce in smaller towns and rural markets.
Editorial & Verification Notice
Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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