NPCI could soon introduce sound-based payment option for UPI transactions
Updated : May 16, 2018 11:13 AM IST
The project has moved from preliminary tests to proof of concept stage.
The development comes as there was a rise in UPI based transactions since 2016.
There is a huge demand of moving person to merchant transactions away from cash.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more