UPI Circle launched

Unified Payment Interface i.e. UPI has started a new era in digital payments. Through this, you can easily make payments from home. To give a good experience to UPI users, the National Payments Corporation of India (NPCI) launched the new feature of UPI.

Reserve Bank of India Governor Shaktikanta Das on Friday launched the UPI Circle feature at the Global Fintech Festival (GFF), 2024. Launching this feature, Shaktikanta Das said that through this feature, now two people can easily do UPI from one bank account. The arrival of this feature will increase digital payments.

UPI Circle is a feature in which users can make UPI payments even without a bank account. This feature will prove to be very beneficial for users who do not use online banking.

For payment through UPI Circle, the user will only need a mobile number and OTP. Now with this feature, family or friends will also get the facility of financial transactions.