### 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 13:20:21 来源：网络整理编辑：Facebook

核心提示

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：**Xiaomi Redmi Note 5 Pro: Frequently Asked Questions, Pros & Cons, User Queries and Answers****是怎么回事？**This FAQ section aims to cover the most common questions, advantages, and disadvantages of the Xiaomi Redmi Note 5 Pro, as well as provide answers to the queries we've received from users.**常见问题**Here are some frequently asked questions about the Xiaomi Redmi Note 5 Pro:### 1. Redmi Note 5 Pro的处理器是哪款？The Xiaomi Redmi Note 5 Pro is powered by a Snapdragon 636 processor from Qualcomm, offering a smooth and powerful performance.### 2. 电池续航如何？With its large 4000mAh battery and efficient power management, the Redmi Note 5 Pro offers a solid 1-2 days of battery life on a single charge.### 3. 摄像头质量怎么样？The Redmi Note 5 Pro is equipped with a 12MP rear camera and an 8MP frontend camera, delivering high-quality photos with good-night mode, portrait mode, and AI enhancements.**优点**Now let's take a look at the pros of owning a Xiaomi Redmi Note 5 Pro:### 1. 性价比高As a part of the Redmi series, the Note 5 Pro offers great value for the price, made possible by Xiaomi's efficient product development and cost management.### 2. 性能强大The Snapdragon 636 processor ensures smooth multitasking and gaming performance, making the device suitable for both casual and power users.### 3. 摄像头表现优秀The dual-camera setup on the Redmi Note 5 Pro provides excellent photography capabilities, with high-quality image processing and features that cater to a wide range of user needs.**缺点**Despite its many advantages, the Redmi Note 5 Pro also has some drawbacks:### 1. 缺少屏下指纹解锁One of the main drawbacks is the lack of a fingerprint sensor on the screen, which can be detrimental for users who rely heavily on the convenience of quick unlocking.### 2. 存储容量有限The device comes with storage options that might be insufficient for heavy users who need more space for applications and media files.**用户疑问和解答**Here are a few common user queries, along with detailed answers:### 3. Why does the screen flicker?Possible reasons for screen flickering on the Redmi Note 5 Pro include outdated system settings or hardware issues. Updating to the latest version of MIUI and ensuring the screen's refresh rate is compatible should alleviate the issue.### 4. How to root the device?Rooting a Xiaomi device typically requires some technical knowledge and certain precautions. It's advisable to follow carefully the instructions online and make sure a backup is taken before proceeding.By addressing these queries, we hope to offer a comprehensive guide to potential buyers and current users of the Xiaomi Redmi Note 5 Pro.

下一篇：**Xiaomi Redmi Note 5 Pro: Frequently Asked Questions, Pros & Cons, User Queries and Answers****是怎么回事？**This FAQ section aims to cover the most common questions, advantages, and disadvantages of the Xiaomi Redmi Note 5 Pro, as well as provide answers to the queries we've received from users.**常见问题**Here are some frequently asked questions about the Xiaomi Redmi Note 5 Pro:### 1. Redmi Note 5 Pro的处理器是哪款？The Xiaomi Redmi Note 5 Pro is powered by a Snapdragon 636 processor from Qualcomm, offering a smooth and powerful performance.### 2. 电池续航如何？With its large 4000mAh battery and efficient power management, the Redmi Note 5 Pro offers a solid 1-2 days of battery life on a single charge.### 3. 摄像头质量怎么样？The Redmi Note 5 Pro is equipped with a 12MP rear camera and an 8MP frontend camera, delivering high-quality photos with good-night mode, portrait mode, and AI enhancements.**优点**Now let's take a look at the pros of owning a Xiaomi Redmi Note 5 Pro:### 1. 性价比高As a part of the Redmi series, the Note 5 Pro offers great value for the price, made possible by Xiaomi's efficient product development and cost management.### 2. 性能强大The Snapdragon 636 processor ensures smooth multitasking and gaming performance, making the device suitable for both casual and power users.### 3. 摄像头表现优秀The dual-camera setup on the Redmi Note 5 Pro provides excellent photography capabilities, with high-quality image processing and features that cater to a wide range of user needs.**缺点**Despite its many advantages, the Redmi Note 5 Pro also has some drawbacks:### 1. 缺少屏下指纹解锁One of the main drawbacks is the lack of a fingerprint sensor on the screen, which can be detrimental for users who rely heavily on the convenience of quick unlocking.### 2. 存储容量有限The device comes with storage options that might be insufficient for heavy users who need more space for applications and media files.**用户疑问和解答**Here are a few common user queries, along with detailed answers:### 3. Why does the screen flicker?Possible reasons for screen flickering on the Redmi Note 5 Pro include outdated system settings or hardware issues. Updating to the latest version of MIUI and ensuring the screen's refresh rate is compatible should alleviate the issue.### 4. How to root the device?Rooting a Xiaomi device typically requires some technical knowledge and certain precautions. It's advisable to follow carefully the instructions online and make sure a backup is taken before proceeding.By addressing these queries, we hope to offer a comprehensive guide to potential buyers and current users of the Xiaomi Redmi Note 5 Pro.

ICICI's U-Turn on PhonePe Transactions

Powerhouse of Perks with PhonePe

推荐

热门