The hassle of carrying cash, and converting currency has been reduced for Indians travelling to Sri Lanka as they can now make quick and safe payments using PhonePe’s UPI app
NPCI-built app to foray into ecommerce space via separate division. Despite marketing challenges, BHIM aims to improve user experience through partnerships and new initiatives like BHIM 2.0.
Supreme Court dismissed PhonePe s appeal against DigiPe s trademark use. The court noted other companies with similar Pe suffix. The ongoing lawsuit readiness and differences in services between PhonePe and DigiPe were highlighted.
Cash logistics company CMS Infosystems in its report said Karnataka topped the chart with the highest absolute withdrawals per ATM, with an annual average withdrawal of Rs 1.83 crore, followed closely by Delhi at Rs 1.82 crore and West Bengal at Rs 1.62 crore.
The incentive scheme has been restructured to send a message that network participants like buyer apps, seller apps and sellers themselves have to gradually bear a greater burden of funding deals and discounts for customers