Ubona Technologies creates voice-based solution for payments

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Ubona Technologies creates voice-based solution for payments

Ubona Technologies, a speech recognition company, has conceptualised and created 123 UPI, a first-of-its-kind speech recognition technology-based payments solution

Ubona Technologies, a speech recognition company, has conceptualised and created 123 UPI, a first-of-its-kind speech recognition technology-based payments solution that enables users with any phone (feature phone/smartphone) to make digital payments in their preferred Indian language.

This solution uses Automatic Speech Recognition Engine to help people to transact in their preferred Indian language, enabling people to engage in digital payments in their mother tongue.

During the first transaction, the user is required to dial the dedicated contact number and complete a one-time registration as guided by an automated IVR and can start transacting over phone calls immediately after that. The payment over the phone is completely secure and all vulnerabilities are plugged to provide the best in class security, the company states, as per reported by YourStory.

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