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Tanuja K May 4th, 2023 5:57 PM 2 COMMENTS

PhonePe Launches UPI Lite Feature for Low-Value Transactions Without a PIN

PhonePe, the Walmart-owned fintech firm, has announced the launch of its UPI Lite feature, which enables users to initiate low-value payments of up to Rs 200 without using a PIN. The feature is supported by all major banks and is accepted by all UPI merchants and QR codes throughout India. The offering is expected to provide much faster real-time payment solutions for small transactions such as groceries, transit, and other... Read More

Tanuja K April 25th, 2023 6:38 PM 0 COMMENTS

PhonePe to Compete Google with Launch of App Store for Android in India

Indian fintech giant PhonePe, backed by Walmart, is preparing to challenge Google's dominance in the Indian app store market with the launch of its own app store for Android users. PhonePe's move into the app store market comes after its acquisition of app store maker IndusOS, which served customers through partnerships with smartphone vendors. The app store will offer hyper-localised services based on customer context, support for 12 languages, 24×7... Read More

Bhavya Singh January 5th, 2023 8:28 PM 1 COMMENTS

UPI Limit Per Day for Amazon Pay, PhonePe, Google Pay and More

For the most part, UPI has made life simple. The payment method is undoubtedly one of the most popular digital techniques. Due to the simplicity of payment, you might occasionally go over your daily limit. When you use UPI to make a payment, there are numerous apps, banks, and various combinations and permutations at play. The daily limit could be one of the frequent causes of a rejected transaction. The... Read More

Tanay Singh Thakur January 2nd, 2023 10:41 AM 0 COMMENTS

GPay, PhonePe, Amazon Pay, Paytm Transaction Limit

Google Pay, PhonePe, Amazon Pay and Paytm are the top platforms for users in India to make online payments through the Unified Payments Interface (UPI) system. UPI opened gateways for Indians to get access to the facility of instant money transfer at no cost to other people. The best thing about UPI is that to transact money through it; users just need a smartphone, an internet connection and a bank... Read More

Tanay Singh Thakur December 24th, 2022 5:34 PM 0 COMMENTS

PhonePe, Gpay, Paytm, Amazon Pay: Max Transfer Limit

PhonePe, Gpay or Google Pay, Amazon Pay and Paytm are four of the largest mobile money transfer applications present in India right now. The arrival of the Unified Payments Interface (UPI) gave these payment platforms a new identity in the market. Paytm was already there for a long time, allowing consumers to transfer money from wallet to wallet. However, UPI came and allowed users to transfer money into the bank... Read More

Bhavya Singh December 18th, 2022 2:47 PM 11 COMMENTS

UPI Money Sent to Wrong Person, Here’s How to Get it Back

The Unified Payments Interface (UPI) and other digital payment systems have totally changed how we do transactions. UPI has become widely used in India by everyone, from street vendors to large retail chains. They have eliminated the need to use cash in most cases by enabling a user to instantly scan a QR code and transfer the right amount immediately to a bank account. Even though UPI is a secure... Read More

Bhavya Singh December 12th, 2022 6:53 PM 5 COMMENTS

PhonePe, GPay Lose UPI Market Share in Nov 2022, WhatsApp Pay Gains

Over the past few months, CRED and WhatsApp Pay have been among the top gainers, in terms of UPI transaction volume and value, given their rapid development based on rewarding users with cashback. WhatsApp Pay recorded the largest increase in transaction value in November 2022, increasing by 8.6% to Rs 769.29 Cr from Rs 708.56 Cr, while CRED's transaction value decreased by 8.2% to Rs 18,599.72 Cr from Rs 20,259.70... Read More

Bhavya Singh December 9th, 2022 2:53 PM 0 COMMENTS

GPay, Phone, Paytm Transaction Limit: Check

The Unified Payments Interface (UPI), which was launched by the National Payments Corporation of India (NPCI) a few years ago, has significantly improved our standard of living. UPI has made bank-to-bank money transfers simple and secure, enabling everything from purchasing veggies from roadside vendors to sending money to friends and relatives. However, the government has restricted the number of transactions per day due to accessibility. A person may use UPI... Read More

Bhavya Singh November 15th, 2022 9:52 AM 4 COMMENTS

PhonePe UPI Can be Activated Using Aadhaar Card, Don’t Know How? Check this Out

With over 350 million registered customers, PhonePe is one of the most widely used rapid payment networks right now. Along with a simple UPI transaction method, it allows customers to manage and access their bank accounts digitally at any time. PhonePe is now enabling new users to complete the UPI activation using an Aadhaar card using OTP authentication, providing even greater convenience for its users. Users must enter their debit... Read More

Yash Bhardwaj October 21st, 2022 4:04 PM 0 COMMENTS

PhonePe Gets first Green Data Centre in India

For the first time in India, Dell Technologies and NTT have constructed a green data centre for financial giant PhonePe utilising liquid immersion technology. According to the company, this is also PhonePe's first environmentally friendly data centre in India, which will aid the fintech in lowering carbon emissions and achieving sustainability objectives. Details of the Green Data Service Centre The Green Data Center will provide PhonePe with new prospects for... Read More

Tanay Singh Thakur July 11th, 2022 5:15 PM 1 COMMENTS

WhatsApp Pay Registers Big Growth in UPI Transactions in June 2022

WhatsApp Pay, a tool inside WhatsApp mobile application for the users to send money to each other via UPI’s platform, has registered a big growth in the volume of transactions and the amount transacted in June 2022. Since the start of the year, WhatsApp’s growth in the UPI space has been negligible. The growth curve was mostly flat for both the volume of transactions as well as the amount transacted.... Read More

Tanay Singh Thakur April 13th, 2022 4:36 PM 0 COMMENTS

PhonePe Partners With Extreme IX, an Internet Exchange Point

PhonePe, one of the major contactless digital applications/platforms available to users in India for making online payments, has partnered with Extreme IX. For the unaware, the Extreme IX is India’s largest internet exchange point. With this partnership, PhonePe is looking to enable faster digital payments for its 400+ million users. It is worth noting that PhonePe has become India’s first digital payments company to participate in an Internet Exchange in... Read More