No More QR Scans? Decoding UPI Payments Through 'Tap And Pay'
New UPI Payment Feature
Users making UPI payments through Gpay, Paytm, and PhonePe are in for a special update that introduces a new Tap and Pay feature.
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Scan-Free Payment
The Tap and Pay feature eliminates the need for scanning during payments, providing users with a convenient and efficient payment method.
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No QR Code
This innovative facility removes the necessity for UPI ID, mobile number, bank account details, and QR codes, streamlining the payment process.
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Expected Launch Date
According to a report by Business Standard, the UPI Tap and Pay feature are anticipated to be available for users starting from January 31, 2024.
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New Payment Method
The Tap and Pay feature serve as an alternative and advanced method of making UPI payments, enhancing user experience.
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Accessibility
While this feature will be available to all UPI users, it will be compatible only with NFC-enabled devices, ensuring a seamless payment experience.
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How To Make Payments?
Users looking to benefit from this feature need to follow a simple process: open the UPI app, click on the UPI tab, select the pay service, tap their device on the receivers device, and enter the PIN for payment.
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User-Friendly Experience
The introduction of Tap and Pay aims to make the payment process more user-friendly, reducing the steps required for completing a transaction.
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Streamlining Payment Process
By removing scanning requirements and the need for specific details, the Tap and Pay feature simplifies and streamlines the overall UPI payment process.
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NFC-Enabled Devices
Its important to note that while this innovative UPI feature will be accessible to everyone, it will function optimally on NFC-enabled devices, ensuring compatibility for a wide range of users.
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