NPCI Readies Offline UPI Tap-to-Pay for Transactions Up to Rs 2,000
NPCI is expected to certify PoS devices for NFC-based, offline UPI tap-to-pay transactions capped at Rs 2,000. The move could let merchants accept UPI payments in low- or no-connectivity settings, including flights and underground metro networks.
NPCI is expected to certify PoS devices for offline NFC-based UPI tap-to-pay transactions capped at Rs 2,000, enabling merchants to accept payments without connectivity in settings such as flights and underground metro networks.
Why this matters
No related recent signals were provided. NPCI's planned PoS certification could extend UPI acceptance into merchant settings where network connectivity is limited or unavailable.
Omni-channel is steady at 1,260 signals in the past 90 days; QoQ comparison data was not provided.