Categories: Business

Acemoney launched new wearable ATM cards and Offline UPI

Acemoney has launched UPI 123Pay payment and wearable ATM cards. The UPI 123Pay payment allows people to carry out cashless transactions without smartphones or internet connections using feature phones. The wearable ATM cards are gadgets designed as key chains and rings that enable people to carry out cashless transactions without ATM cards and phones.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The wearable ATM cards functions using applications connected to smart phones. Therefore, it can be switched on or off as per the requirement of the customer. Acemoney is the first company in India to launch UPI 123Pay services in Malayalam and Tamil. The Reserve Bank of India had launched UPI 123Pay in March this year. The wearable ATM cards functions using applications connected to smart phones. Therefore, it can be switched on or off as per the requirement of the customer.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Breakthrough Prize 2025: Honouring the Frontiers of Modern Science

Dubbed the "Oscars of Science", the 2025 Breakthrough Prizes celebrated some of the world’s most…

3 mins ago

How Black Rats and Land Use Are Driving Hantavirus Risk in Madagascar

A new international study has revealed that black rats (Rattus rattus) are the sole carriers…

12 mins ago

India Supports Sierra Leone’s USD 990,000 Aid Through UN Partnership

India announced a financial grant of USD 990,000 to Sierra Leone for a project aimed…

21 mins ago

PM Modi Unveils ₹3,880-Crore Development Push

Prime Minister Narendra Modi launched and laid the foundation for more than ₹3,880 crore worth…

27 mins ago

UK Set to Host the 2035 FIFA Women’s World Cup

The United Kingdom is poised to host the 2035 FIFA Women’s World Cup, emerging as…

36 mins ago

Which Country is Known as the Workshop of the World?

The term "Workshop of the World" is used to describe a country that makes a…

49 mins ago