Fintech News Bytes

Yes … it’s have a unique address and number… Pair with some data like banking details like account number, IFSC code and Name of the owner

Here is the workflow on UPI works.

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PhonePe has launched UPI Lite payments feature.

Let’s see, how they catch up with Paytm. They will as their share in retail payments is anyways high.

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post 292

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Like the fact it is a rupay offering. On the website front - the graphics are stuttering that make UX a bit unappealing. I added myself to the waitlist

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I’ve been added to the waitlist. I hope that it won’t turn out to be another one of the many ‘hoax’ product offerings that exist nowadays. :eyebrow: :eyebrow:

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I found something which I didn’t like when we click on accept t&c it is written that they would send promotional msg on WhatsApp also and there was no way to opt out it made me a no goner for me i know other companies are also doing this and this need to Stop

That’s a risk we take when we sign up for beta tests on fairly unknown portals

I think Jupiter bullet/Edge could have taken this route if RuPay-UPI integration existed back then. Their Ideas are almost the same, except the way they implemented.

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Hopefully not. The story got featured in Money Control

Rupay CC is the need of the hour.
I hope this will be the biggest surprise from Jupiter this month. :crossed_fingers:

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Asking for PAN

wishlist in 8k, let’s see

Indeed, that made me a bit anxious. Typically, websites request names and contact information to be added to a waitlist, and I hope that this information is not misused. :eyebrow:

It seems they decided to take this to the next level -

  1. Show the partner bank, there is massive interest with the data that is collated.
  2. When they initiate the first interaction, they’re are able to tell the user if they have made it ahead or does the process stop for them.

Another interesting development?!

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I have experienced this on Swiggy and Cred in a different form. After the tokenization, transactions under 2000 needed to no CVV or OTP verification. It was straight through processing.