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Create a UPI app for feature phones, win $50,000

Jan 03, 2020 16:47 IST

The Bill and Melinda Gates Foundation has announced a 'grand challenge' in collaboration with the National Payments Corporation of India and CIIE.CO, calling on participants to create a UPI app for feature phones. The challenge aims to bring the Unified Payments Interface to nearly half a billion feature phone users in India, since the service is currently exclusive to smartphones. Participants must develop an easy-to-use and secure payments solution for digital payments on feature phones, that employs the use of UPI. With a prize of $50,000, entries for the competition close on January 12, and winners will be announced in March.