Gpay, Paytm, PhonePe users alert!

Advertisements

The National Payments Corporation of India (NPCI) has announced that Unified Payments Interface (UPI) members can go live with UPI’s ‘Tap & Pay’ functionality by January 31 next year, according to a report by Business Standard. However, this is not a ‘deadline’ for members to go live with the facility. The new payment method will help the users of BHIM, Gpay, Paytm, PhonePe, and other UPI apps.

The UPI Tap & Pay was launched in September 2023 as an additional mode of UPI payment, similar to Scan and Pay, Pay to Contacts, etc. In this new method, instead of scanning, you tap your device on the receiver’s device to fetch their UPI ID/VPA through NFC. The same existing limits of UPI are applicable for Tap & Pay modes of payment.

The customer’s device should have NFC capability for using Tap & Pay mode of payment. The UPI ID/VPA of the receiver is written inside the NFC tags in QRs/soundboxes or UPI Smart Tags. When the Payer taps his/her phone on NFC-enabled QRs/soundbox, the UPI ID of the receiver is fetched by the payer APP.

Your device needs the internet to complete the transaction. Tap & Pay mode will be by default enabled for the customers. Disabling the Tap & Pay mode option is not available for the customers, just like Scan and Pay, Pay to Contacts, etc.

Requirement of UPI Pin

If your transaction is under ₹500 and you have enabled UPI LITE, your LITE balance foots the bill without the need for a PIN. Not on UPI LITE? No worries, your regular bank account will be sufficient, and a simple PIN ensures the transaction sails through.

Currently, BHIM and Paytm (Live with Limited users) are the apps that support the Tap & Pay feature.

Step-by-step guide on how to use the ‘Tap & Pay’ feature:

1. Open the UPI App: Start by opening your UPI application. This could be any app that supports the ‘Tap & Pay’ feature, such as BHIM or Paytm.

Advertisements

2. Select the Tap & Pay icon: Look for the ‘Tap & Pay’ icon on your UPI app and click on it.

3. Enter the amount: Input the amount you wish to send to the receiver.

4. Tap your device on the receiver’s device: Bring your device close to the receiver’s device and tap it. Ensure that both devices have NFC capability. Enter the PIN if the app requests and hit enter.

5. Transaction successful: If everything goes well, you should see a transaction success message on your screen.

Advertisements

Note: The receiver never has to enter their UPI code or any code to receive the money in their account.

Recent Post

Centre Suspends Law On ‘Hit-And-Run’ Punishment Amid Protests

Government Postpones New Law on Hit-and-Run Cases After Transporters'...

Fresh Weather Update: Kashmir to Witness More Snowfall from 27th Feb

Fresh Weather Update: More Snowfall in Kashmir from 27th...

MET Predicts More Snow in Kashmir-Check Fresh Weather Forecast 29th Feb

MET Predicts More Snow in Kashmir-Check Fresh Weather Forecast 𝙒𝙚𝙖𝙩𝙝𝙚𝙧...

Forest Guard suspended for wearing pheran in Kashmir

  Meer Javaid The suspension letter issued by the Divisional Forest...

Massive Recruitment in J&K Police,4022 Posts Out

Massive Recruitment in J&K Police,4022 Posts Out Massive Recruitment Drive...

Shocker: Now Man Killed by Cousin Brother In North Kashmir

Aadil Abdullah A 38-year-old man was killed in Hajjin area...

Heavy Snowfall Started-Fresh Snowfall Predictions for Next 48 Hours

𝙒𝙚𝙖𝙩𝙝𝙚𝙧 𝙐𝙥𝙙𝙖𝙩𝙚 𝙅&𝙆:19.02.24 𝙁𝙤𝙧𝙚𝙘𝙖𝙨𝙩 ●Kashmir Division ●19-20th Feb:Possibility of light to moderate...

Sunny Leone’s photo on Police Exam Admit card, post goes viral

Sunny Leone's photo on UP Police exam admit card,...

Subject change, Re-admission: JKBOSE Issues Big Update-New Rules For 10th-12th Classes

Subject change, Re-admission: JKBOSE Issues Big Update-New Rules For...