### ICICI Bank Restricts PhonePe TransactionsUpdate: ICICI Bank Imposes Blocking on PhonePe TransactionsIn a recent development, ICICI Bank has initiated a block on transactional activities processed through PhonePe. This move is sure to have a significant impact on users of the digital wallet service.### Key Points:- Immediate Restriction: ICICI Bank has introduced a temporary limitation impacting all transactions originating from PhonePe.- User Implications: Customers attempting to complete transactions via PhonePe may encounter difficulties.- Next Steps: This action could lead to further investigations or regulatory measures within the financial sector.Stay tuned for more updates as this situation continues to evolve.

时间：2024-09-23 11:42:51 来源：网络整理编辑：Telegram

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ThetechgiantFlipkartsnaggedtheinnovativepaymentstart-up,PhonePe,in2016'sspring.AUPI-drivengem,PhoneP

The tech giant Flipkart snagged the innovative payment start-up, PhonePe, in 2016's spring. A UPI-driven gem, PhonePe, runs under the wing of YES Bank, granting users the power to seamlessly link and manage their banking affairs. Bank-to-bank exchanges become nearly instantaneous with the touch of a button, courtesy of a simple phone number or an exclusive identifier—your Virtual Payment Address (VPA).

But, there's more! PhonePe isn't just a transaction wonder. It's like carrying a digital wallet of your own with effortless wallet-to-wallet swaps, quicker refunds, and cashback opportunities from valued merchant partners. With a simple link, you can transfer your wallet's surplus directly into your checking accounts.

ICICI's U-Turn on PhonePe Transactions

Since last Friday, ICICI Bank has taken a stand, halting transactions via Flipkart's Payment App PhonePe, highlighting safety concerns. PhonePe CEO, Sameer Nigam, aired his disapproval on Twitter in response.

Yet, ICICI Bank made their stance clear:

“This entity (PhonePe) adheres to practices that bolster its exclusive use, which contradicts UPI's principles of interoperability and customer choice to pick any payment app under UPI. Until these issues are resolved, we have temporarily suspended processing UPI transactions from this源自该实体。”

With anticipation, the National Payment Corporation of India (NPCI), the governing body of the United Payment Interface, aims to scratch this itch in the near future.

Powerhouse of Perks with PhonePe

Conduct person-to-person fund transfers and requests.
Manage your mobile / data, DTH, and landline expenses, and utility bills all in one go.
Unleash the potential to shop across a spectrum of e-commerce platforms including Flipkart, Myntra, Jabong, and many more.
Please note: Wallets are filled up to Rs. 20,000 monthly with a capped transaction limit of Rs. 20,000.
For UPI (bank account): Your per transaction limit is Rs. 1 Lakh.
Welcome, cards: Credit and debit transactions observe the limitations imposed by your issuing bank.
Safely Secure Your Earnings: Each transaction for transferring your wallet balance to your bank account can see up to Rs. 5000 leaving your digital pocketbook.
PhonePe offers a variety of payment avenues, each with distinctive limits tailored to their unique offerings.

上一篇：### How to Transfer Google Photos From One Account to AnotherAre you looking to migrate your photo collection from one Google Photos account to another? Follow these simple steps to ensure a smooth transfer process:---### Step-by-Step Guide to Transferring Your Google Photos to a New Account**1. Preparation**Before initiating the transfer, it’s important to gather all necessary information:- **Source Account**: This is your current Google Photos account from which you will move your photos.- **Target Account**: This is the new Google account where you will store your photos.- **Backup (Optional)**: It is wise to backup your photos in case anything goes awry during the transfer.**2. Collaboratively Share Albums**If your source and target accounts already have the images you wish to transfer, you can create shared albums from one account to another. Here’s how:**Source Account:**- Open Google Photos and select the albums you wish to share.- Click on the three dots menu (overflow menu) in the upper right.- Choose 'Get link.'- Share the link with your target account by email or any messaging platform.**Target Account:**- Open the email with the link or message containing the link.- Click on the link to open the shared album in the target account.- Accept the invitation to view the album.**3. Export and Import**If the collaborative sharing method doesn't suit your needs, you can export and then import your photos:**Source Account:**- Go to 'Backups and sync' in the menu.- Under 'Download backups,' select the device you would like to export your photos to.- All photos will be downloaded to your computer or device.**Target Account:**- Log in to your new Google Photos account.- Import photos by either dragging and dropping them from your computer or uploading them directly within the Google Photos app.**4. Verification**After the transfer, verify that your photos are where they should be:- Open the Google Photos app or web interface with your target account.- Browse your library to check if all transferred photos are accounted for.- Check the file metadata to ensure that the photos have retained original date taken and location information (if available).**5. Cleanup**Lastly, consider deleting the original albums or files from your source account to save storage space or because you no longer require access to them.---By following these steps, you should be able to successfully move your Google Photos from one account to another with minimal hassle. Happy transferring!

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ICICI's U-Turn on PhonePe Transactions

Powerhouse of Perks with PhonePe

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