[9][10] At the Global Fintech Fest 2024, Google Pay announced that it will be introducing the UPI Circle feature.

[11] With UPI Circle, one can use platforms for collaboration or gig economies to create micro-communities where people can pool resources or settle payments in real time.

[12] Google Pay also revealed at the Global Fintech Fest 2024 that it will be launching UPI Vouchers, a capability that was first made available for COVID-19 vaccine payments.

It is now possible for businesses and individuals to issue and use UPI vouchers more easily thanks to the adaptation of this feature for a wider range of industries.

In addition to making financial transactions for users easier, UPI Vouchers offer a smooth digital payment option for a variety of scenarios, including corporate gifts, government programs, and others.

Users don't need to memorize account numbers or customer IDs because the QR code—which billers can generate—automatically retrieves the most recent bill details.

With Google Pay, users can now find and connect their prepaid utility accounts—such as those for power or housing society bills—directly.