{"id":864978,"date":"2024-10-10T08:55:22","date_gmt":"2024-10-10T03:25:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=864978"},"modified":"2024-10-10T08:57:46","modified_gmt":"2024-10-10T03:27:46","slug":"rbi-policy-what-is-upi-lite-that-enables-pin-less-offline-digital-payments","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/10\/rbi-policy-what-is-upi-lite-that-enables-pin-less-offline-digital-payments\/","title":{"rendered":"RBI policy: What is UPI Lite that enables PIN-less offline digital payments?"},"content":{"rendered":"<p>Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world&#8217;s most popular alternative payments method, processing transactions to the tune of \u20b980.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give an impetus to UPI, NPCI rolled out UPI Lite recently to allow small value digital transactions in the offline mode.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world&#8217;s most popular alternative payments method, processing transactions to the tune of \u20b980.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give an impetus to UPI, NPCI rolled out UPI Lite recently to allow small value digital transactions in the offline mode.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-864978","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/864978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=864978"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/864978\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=864978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=864978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=864978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}