### 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 09:23:35 来源：网络整理编辑：WeChat

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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.

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下一篇：### Understanding Google Maps Incognito Mode: A Step-by-Step Guide#### What is Google Maps Incognito Mode?**Google Maps Incognito Mode** is a privacy-enhanced feature designed to allow users to browse the map without leaving a trail of their searches or destinations on their device. It ensures your map history and location data remain private, making it an ideal choice when you wish to preserve your privacy while exploring or planning your way around.#### How to Enable Google Maps Incognito ModeHere’s a step-by-step guide to enable Incognito Mode within Google Maps on both Android and iOS devices:**For Android Devices:**1. **Open Google Maps:** Launch the Google Maps app on your Android device.2. **Toggle to the Layers Menu:** Tap the three horizontal lines in the upper-left corner to open the menu.3. **Select 'Your Places':** Navigate to the 'Your Places' tab and then tap the three dots in the upper-right corner.4. **Access Incognito:** In the menu that appears, select 'Incognito Mode.'5. **Start Browsing:** Your search and navigation history will not be saved during your Incognito session on Google Maps.**For iOS Devices:**1. **Launch Google Maps:** Open the Google Maps app on your iPhone or iPad.2. **Access Settings:** Tap the profile icon located at the bottom-right corner of your screen.3. **Choose 'Your Places':** Look for the 'Your Places' option and tap on the three dots-heavy icon found in the upper-right corner.4. **Choose Incognito:** In the Drop-down menu, select 'Incognito Mode.'5. **Private Browsing:** Start exploring without leaving any traces of your destinations or searches.#### Final WordsBy using Google Maps Incognito Mode, you can plan and navigate with confidence, knowing that your routes and history will not be recorded. This feature adds another layer of privacy to your journey, ensuring a more secure and personal experience on Google Maps.

ICICI's U-Turn on PhonePe Transactions

Powerhouse of Perks with PhonePe

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