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
These NRI customers can pay using UPI in India using foreign mobile number. Earlier, in order to create a UPI ID and use any UPI app, an NRI required a working Indian mobile number. This will reduce non-resident Indians (NRIs) the cost of keeping an active Indian mobile number.
India Business News: The volume and value of UPI transactions decreased slightly in April compared to their all-time high level in March. However, the average daily transa
Peak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan QR codes at premium retail outlets.