Government Enables UPI Registration Without A Debit Card To Ensure Higher Penetration

The Government of India is very firm on increasing the penetration of the Unified Payments Interface (UPI) across the country.

Aligning with the same thought, the Government has decided to omit the requirement of a debit card to create UPI payment ID.

From March 15, 2022, users can register to UPI via their registered mobile numbers linked to their aadhar card. An OTP will be sent to the users during the process, which confirms the registration to UPI.

Earlier, the features of UPI were only accessible to debit card holders. Unlike now, when even the non-debit cardholders with a bank account linked to their mobile number and aadhar card can enjoy UPI benefits.

Users can access UPI by linking their Unique Identification Authority of India (UIDAI) with the National Payments Corporation of India (NPCI) via their banks.

India has a vast population, among which many people who have a bank account but no debit card are restricted access to UPI benefits. Hence, this decision by the Government can solve the issue.

The mandatory thing to gain access to UPI benefits is to have your Aadhaar Card linked to your bank account and your mobile number.

The Reserve Bank of India (RBI) has announced the launch of a unique feature in which people having feature phones can access the UPI platform. It is a great way to penetrate UPI into the country’s remote areas that may not carry a smartphone.

The new facility that offers payments through feature phones without the internet is called UPI123Pay.

NPCI earlier set the deadline for onboarding on UPI facilities using Aadhaar OTP till December 15, 2021. Due to the banks ‘ delay, the date has been extended until March 15, 2022.

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