Is there a market for people to make payments from their phone—even if it’s not a smartphone and there is no Internet connection? The India-based fintech PhonePe is exploring that notion through the introduction of UPI 123Pay, a service that enables Unified Payments Interface (UPI) transactions for users without an Internet connection.
Tom Nawrocki is a Staff Writer at PaymentsJournal.com, where he covers the latest trends and developments in the payments industry. His work focuses on a variety of themes including financial technology, cryptocurrency, and personal finance, with particular attention to topics such as crypto regulation, trading platforms, and debt management. Tom's insights have been featured in FinTech News, CDC Gaming Reports, and PaymentsJournal.