News from India: RBI launches Unified Payments Interface which works on simple phones without internet connection

This is a big step forward in providing banking and financial services to India’s 400 million feature phone users who lack access to the internet in some form. And relevant to our work in thinking about how we do payments out to sellers:
https://telecom.economictimes.indiatimes.com/news/rbi-governor-launches-upi-service-for-40-crore-feature-phone-users/90072992"

Here is an academic paper on the general topic of UPIs

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