Google Pay Announces New Features: UPI Vouchers, UPI Lite, and Tap & Pay Revolutionize Digital Payments
New Features to Simplify Digital Payments
Google Pay is at the forefront of enhancing digital transactions with remarkable new features unveiled during the Global Fintech Fest 2024. Among these, UPI Vouchers and Autopay for UPI Lite stand out, offering innovative solutions for users. This expansion provides significant opportunities for seamless transactions.
UPI Circle for Delegated Payments
- Partial Delegation: Account holders retain control by approving each payment request.
- Full Delegation: Allows secondary users to operate within a pre-set monthly limit.
UPI Vouchers and eRupi
Initially aimed at facilitating COVID-19 vaccinations, UPI Vouchers enable users to make payments without a bank account. This is a result of collaboration with NPCI and governmental organizations.
ClickPay QR and Utility Payments
- Users can scan QR codes for bill payments easily.
- Users can link energy accounts for quick UPI payments.
Tap & Pay Feature with RuPay Cards
Google Pay's Tap & Pay will allow users to make transactions using RuPay cards through their mobile devices, providing a faster alternative to traditional methods.
Autopay Feature for UPI Lite
With Autopay for UPI Lite, users can maintain their account balances automatically, ensuring a smooth experience without manual interventions.
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