The next step of UPI payment i.e. UPI 3.0 is going to bring something special for you soon. National Payment Corporation of India (NPCI) has made many great changes in this upgrade, which will make your payment experience more easy and smart. Now you will be able to make payment from devices like your smart TV, fridge or car. Let’s know the features of UPI 3.0.
Smart devices will become a means of payment
With UPI 3.0, Internet of Things (IoT) devices will also be able to make payment. That is, your home’s smart TV, fridge, smart watch or car will also be able to make payment through UPI. Now you will not need to take out the phone every time. These devices will make your everyday transactions more convenient.
UPI Auto Pay and UPI Circle Entry
UPI 3.0 will include two great features – UPI Auto Pay and UPI Circle. Through these, your smart devices will be able to make payment automatically when needed. Suppose, you are not at home, but your smart fridge will pay the bill. This feature is a big step towards making payments futuristic and automatic.
Be rest assured by setting a limit
In UPI 3.0, users will also get the option to set a limit on payments made from their smart devices. This will prevent any device from making more payments by mistake. This facility will give users the assurance of automatic payments as well as security.
When will UPI 3.0 come?
Although no official date has been revealed yet, it is believed that UPI 3.0 can be announced by October at the Global Fintech Fest 2025. This upgrade will give a new experience to the combination of digital payment and smart technology.
Experts believe that UPI 3.0 will not only make payments easier, but will also help in adopting new technology. This new way of payment from smart devices will further strengthen Digital India.
