Google Pay launches feature called "Tap to Pay for UPI"

Category : Business and economics Published on: April 02 2022

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Google Pay in collaboration with Pine Labs announced the launch of Tap to Pay for UPI - a functionality that aims to bring the seamless convenience of Tap to Pay to UPI.
To complete a payment, all a user will need to do is tap their phone on the POS terminal and authenticate the payment from their phone, using their UPI PIN, making the process virtually instantaneous, as compared to scanning a QR code, or entering the UPI-linked mobile number.
This is the first time the ‘Tap to Pay’ functionality is available on a payments platform as it was earlier only available for debit or credit cards.
The feature would be available at large merchants such as Future Retail and Starbucks.