In March 2022, who launched UPI for feature phones called UPI123Pay and a 24x7 helpline for digital payments – DigiSaathi?

In March 2022, who launched UPI for feature phones called UPI123Pay and a 24x7 helpline for digital payments – DigiSaathi? Correct Answer Shaktikanta Das

The correct answer is Shaktikanta Das.

Key Points

  • RBI Governor Shaktikanta Das on 8 March 2022 launched UPI for feature phones called UPI123Pay.
  • He also launched 24x7 helpline for digital payments – DigiSaathi.
  • UPI on feature phones will help people in rural areas who cannot afford a smartphone.
  • UPI123Pay is a three-step method to initiate and execute services for users which will work on simple phones.

Important Points

  • UPI 123Pay will allow customers to use feature phones for almost all transactions except scan and pay.
  • It doesn't need an internet connection for transactions.
  • Customers have to link their bank account with feature phones to use this facility.
  • Customers will also be able to link bank accounts, set or change UPI PINs.
  • The helpline christened 'Digisaathi' will assist the callers/users with all their queries on digital payments via website and chatbot.
  • Users can visit www.digisaathi.info or call on 14431 and 1800 891 3333 from their phones for their queries on digital payments and grievances.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In an interview with ETCIO.COM, Kuruvilla Markose, Chief Digital Officer of Titan shares his perspective on how technology is serving the company’s digital vision and the various initiatives that he is spearheading to hone the competitive edge of Titan. He is the first CDO to be appointed by the software conglomerate Tata Group. He is the man who has put the Titan’s digital transformation on fast-track. Which of the following arguments support the fact that Kuruvilla Markose has put Titan’s digital transformation on fast-track? Arguments: I. Markose is a man with a vision. He is the first CDO to be appointed by the software conglomerate Tata Group. He has spent his entire two decade long career in Tata Group. He has been in customer facing roles across different group companies.  II. His CDO role is horizontal and supports Titan’s myriad business lines: watches, jewellery, bags, perfumes wallets, and eye-wear. But the man and his words are grounded. Diny, as he is popularly known, is a man of measured speech and bearing. III. “Digital innovation”, according to Markose, is all about creating value for the customer. To him, customer centricity is the road to longevity in the digital age. Under his stewardship, Titan has launched a panoply of digital initiatives aimed at improving customer centricity.