NPCI launches new products; users can now make voice-enabled UPI payments

The NPCI on Wednesday launched a slew of new payment options on popular payments platform UPI, including conversational transactions.

Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of the products by the National Payments Corporation of India (NPCI) at the ongoing Global Fintech Festival here.

The latest offerings — Credit Line on UPI, UPI LITE X, and Tap & Pay, Hello! UPI and Conversational Bill Payments — are aimed at creating an inclusive, resilient, and sustainable digital payments ecosystem and will help UPI achieve the target of 100 billion transactions per month, NPCI said.