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The National Payments Corporation of India (NPCI)<\/strong><\/a> has announced a game-changer in the world of digital payments \u2013 the introduction of the Unified Payments Interface (UPI)\u2019s \u2018Tap & Pay\u2019 functionality. This method is set to enrich the transaction experience for users of BHIM<\/strong><\/a>, Gpay<\/strong><\/a>, Paytm<\/strong><\/a>, PhonePe<\/strong><\/a>, and other UPI-enabled apps.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u2018Tap & Pay\u2019: A new UPI payment mode, introduced by NPCI, set to enhance UPI transactions.<\/p>\n \u00a0<\/p>\n NFC Compatibility: Requires NFC capability in the user\u2019s device for \u2018Tap & Pay\u2019 functionality.<\/p>\n \u00a0<\/p>\n Default Activation: Enabled by default for users without an option to manually disable, akin to other UPI modes like Scan and Pay.<\/p>\n \u00a0<\/p>\n Transaction Limits: The existing UPI transaction limits apply to \u2018Tap & Pay\u2019 transactions.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n NFC-Driven Transaction: Involves tapping the payer\u2019s device against NFC-enabled receivers to retrieve UPI ID\/VPA.<\/p>\n \u00a0<\/p>\n Activation and Limits: By default, no manual deactivation option, and adheres to standard UPI transaction limits.<\/p>\n \u00a0<\/p>\n Compatibility: Requires NFC<\/strong><\/a>-capable devices for seamless \u2018Tap & Pay<\/strong><\/a>\u2018 transactions.<\/p>\n \u00a0<\/p>\n Transaction Security: PIN confirmation for transactions above \u20b9500 or without UPI LITE<\/strong><\/a> enabled.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Open UPI App<\/strong>: Launch the UPI application supporting \u2018Tap & Pay\u2019 (e.g., BHIM, Paytm).<\/p>\n \u00a0<\/p>\n Select \u2018Tap & Pay\u2019<\/strong>: Locate and tap on the \u2018Tap & Pay\u2019 icon within the app.<\/p>\n \u00a0<\/p>\n Enter Amount<\/strong>: Input the transaction amount.<\/p>\n \u00a0<\/p>\n Tap Devices<\/strong>: Bring the NFC-equipped device close to the receiver\u2019s device and tap. Enter PIN if prompted.<\/p>\n \u00a0<\/p>\n Transaction Confirmation<\/strong>: Upon successful completion, receive a transaction success confirmation on-screen.<\/p>\n \u00a0<\/p>\n This \u2018Tap & Pay\u2019 feature heralds a new era in UPI transactions, offering a simple, secure, and efficient payment method using NFC technology.<\/p>\n The post Empowering Gpay, Paytm, PhonePe Users: Unveiling the New \u2018Tap & Pay\u2019 UPI Method with NFC Convenience!<\/a> appeared first on Before You Take<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u00a0 The National Payments Corporation of India (NPCI) has announced a game-changer in the world of digital payments \u2013 the introduction of the Unified Payments Interface (UPI)\u2019s \u2018Tap & Pay\u2019 functionality. This method is set to enrich the transaction experience for users of Continue reading Empowering Gpay, Paytm, PhonePe Users: Unveiling the New \u2018Tap & Pay\u2019 UPI Method with NFC Convenience!<\/span>Key Points:<\/strong><\/h2>\n
Features:<\/strong><\/h2>\n
Step-by-Step Guide for \u2018Tap & Pay\u2019 Usage:<\/strong><\/h3>\n