Unified Pay as you go Interface (UPI) fee app Google Pay has introduced some new options on the World Fintech Fest (GFF) 2024. Throughout this, the corporate stated that these options shall be launched later this yr. These new options will make it simpler for customers to make funds and transactions via the app.

Among the options introduced by Google Pay at GFF embrace UPI Circle, UPI Voucher or eRupi, Clickpay QR Scan, Pay as you go Utility Funds, Faucet and Pay with RuPay Card and lots of extra options. Aside from this, the corporate additionally introduced a number of partnerships on the occasion.

The UPI fee app has detailed the brand new options in a weblog submit and stated that these options will convey ease, comfort and ease to the best way customers work together with funds and monetary devices. UPI Circle is a brand new characteristic from NPCI, which permits UPI account holders to make digital funds to trusted individuals even when they don’t have a checking account.

What’s the benefit of UPI Circle: This characteristic will be helpful for aged members of the family who shouldn’t have a checking account or an account linked to Google Pay however must make UPI funds. These members of the family can both get partial delegation privileges.

the place the first person has to approve every transaction or full delegation privileges the place they’ll get a month-to-month restrict of as much as Rs 15,000. This characteristic is being launched in partnership with the Nationwide Funds Company of India (NPCI).