New Delhi, Sept. 11 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday unveiled two new UPI features - UPI Tap & Pay and MyUPI, an AI-powered customer support platform - at the Global Fintech Fest 2026 in Mumbai.

The features aim to make digital payments faster, improve payment safety and provide users with greater control over transactions.

UPI Tap & Pay

UPI Tap & Pay will allow users to make payments at NFC-enabled point-of-sale (POS) terminals by unlocking their NFC-enabled smartphone and tapping it on the terminal.

The feature does not require mobile internet connectivity on the user's phone, as the transaction can use the POS terminal's internet connection. It will support multiple UPI-linked account types, inclu...