### 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 11:24:51 来源：网络整理编辑：Facebook

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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：### 6 Methods for Disabling WiFi Calling on Your Android DeviceWondering how to switch off WiFi calling on your Android phone? Look no further. Here’s a step-by-step guide to disabling this feature in six easy ways:1. **Access Device Settings** Begin by navigating to your phone’s **Settings** application.2. **Locate WiFi Calling Option** Scroll down and look for the *Network & Internet* section. Tap on it to expand the options.3. **Enable Developer Options (If Necessary)** If you do not see the *WiFi Calling* option, you may need to enable Developer Options: - Go back to the main **Settings** menu. - Scroll down to **About phone** and tap it several times until you see a message inviting you to enable Developer Options. - Return to the main **Settings** menu and locate *Developer Options*. Within this hierarchy, you should be able to find and toggle WiFi Calling.4. **Toggle WiFi Calling On/Off** Once you have navigated to the **WiFi Calling** setting, tap on it to access the options: - If it currently reads *Off*, you may need to scroll down and select *Modify settings*. - If it is already enabled, tap on it or its slider to turn off WiFi calling.5. **Directly set WiFi Calling to Off** For a more direct approach, you can try: - Entering the specific code to access the settings, which is typically *#*#*#7378423#*#*#, or consult your carrier's support page for the appropriate command. - Inside the visual menu that appears, find and select *Setting Tests* or *Call Settings*. - Within this section, locate the WiFi Calling option to toggle it off.6. **Contact Your Carrier for Assistance** If none of the above methods work, it’s possible that your phone’s development features are restricted, or your device is not WiFi calling compatible. In this case, reaching out to your carrier’s customer service may resolve the issue.By following these simple steps, you should be able to successfully disable WiFi calling on your Android phone.

ICICI's U-Turn on PhonePe Transactions

Powerhouse of Perks with PhonePe

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