In a big push toward financial inclusion, the Indian Overseas bank (IOB) has launched UPI 123Pay, a revolutionary service that allows users to make UPI payments even without internet access. Developed in collaboration with Network people service technology Limited (NPST), this initiative bridges the gap between wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital banking and India’s large population of feature phone users.

📱 1. What Is UPI 123Pay?

UPI 123Pay is a voice-based wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payment system that lets users send and receive money, check balances, and pay bills — all without internet or smartphones.

It works through Interactive Voice Response (IVR), allowing customers to perform UPI transactions simply by calling a designated number and following voice instructions.

🗣️ 2. Voice-Based Payments — Just Speak to Pay!

The new service makes digital payments as easy as speaking.
Users can:

· Dial the IVR number provided by IOB.

· Choose a payment option through voice prompts.

· Authenticate the payment using their UPI PIN.

💡 No app downloads, no internet — just your voice and your feature phone.

🌐 3. Bridging the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital Divide

According to IOB, UPI 123Pay is designed especially for users in rural and remote areas, where smartphone penetration and internet connectivity are limited.

By enabling offline payments, the bank aims to ensure digital inclusion for every Indian, data-aligning with the government’s Digital india initiative.

🏦 4. How It Works for Feature phone Users

Here’s a simple step-by-step guide:

1. Dial the IOB UPI 123Pay number (to be provided by the bank).

2. Select the type of transaction — money transfer, mobile recharge, or bill payment.

3. Enter the mobile number or UPI ID of the recipient.

4. Confirm the amount and enter your UPI PIN to complete the payment.

5. Receive an instant confirmation via SMS.

🤝 5. Partnership Behind the Innovation

This initiative was developed in partnership with Network people service technology Limited (NPST) — a key player in the digital payments space.
Together, IOB and NPST aim to make secure, convenient, and inclusive UPI payments accessible to millions of users who are currently outside the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital banking ecosystem.

🔒 6. Security Features You Can Trust

Even without internet, UPI 123Pay transactions are protected by:

· Two-factor authentication (2FA)

· UPI PIN verification

· Secure NPCI-backed network protocols

This ensures that voice-based payments are just as safe as app-based UPI transactions.

🚀 7. A Step Toward Inclusive wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital Banking

The launch of UPI 123Pay is part of IOB’s commitment to financial empowerment through technology. It ensures that every indian — regardless of device type or connectivity — can participate in the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital economy.

🗣️ “With UPI 123Pay, we’re giving a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital voice to those who were previously left out of the fintech revolution,” said an IOB official during the launch.

💬 Final Word: wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital india Goes Truly Inclusive

The introduction of UPI 123Pay by indian Overseas Bank marks a new chapter in India’s wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payment journey — one that includes everyone, from smartphone users in cities to feature phone users in villages.

🔊 No internet? No problem. With UPI 123Pay, your voice is your wallet!

 

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.