### 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：2024-09-21 14:40:51 来源：网络整理编辑：Telegram Group

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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：### 3 Illegal Tactics to Uncover Free Paid Apps on iOS – Proceed with Caution### Cautionary警示: Discovering how to download and use paid apps free on iOS may violate terms of service. This article shares three such methods, but makes it clear that these practices cannot be recommended due to their potential legal and ethical implications. Proceed carefully and understand the risks involved.#### Method 1: Switch to a Different App Store1. **Create a Family Sharing Account**: Anyone can download apps from the App Store for free if they are part of a Family Sharing plan where another family member already owns the app. 2. **Choose an Eligible Family Member**: If you're not the account holder, sign into the Apple ID of another member who has legally purchased the app, and download it for free.#### Method 2: Fake a Region Change1. **Use a VPN**: By changing your device's location to a different country or region using a VPN, you can access a different App Store with more free apps on offer.2. **Find and Download the App**: Once your device is in a different region, search for the desired app in the App Store and enjoy it for free.#### Method 3: Experiment with Spoofed Device IDs1. **Find a Third-PartySpoofing App**: Use a third-party app to spoof your device ID, making it appear as if you have a different Apple ID.2. **Purchase the App “Anonymously”**: This method can typically be done by creating a new Apple ID or using a payment method that doesn’t link directly to your real identity.Please note that the legality and reliability of all these methods can vary greatly, and they often involve using tools or services that may have privacy concerns or ethical issues associated with them. These practices are not endorsed and they do not guarantee you will be able to access the app for free without the risk of consequences.**Editor’s Note**: For the best and legal way to access the apps you need, consider looking for a free version, forgiveness, or purchasing the app at full price.

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ICICI's U-Turn on PhonePe Transactions

Powerhouse of Perks with PhonePe

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