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.
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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.
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