I already know it and its already lived for few user in PhonePe.
What does it do? Thought UPI was already simplistic enough.
NPCI has launch this to reduce the load on the bank and their passbook.
You know when you update your passbook its get filled with upi tnx.
NPCI has created a wallet for UPI Lite. For all these small amount of tnx like Rs.2 Rs.1 etc. So these are the reason.
Appreciate the clarification! Itโs been ages since Iโve had to visit the bank to update my passbook. Another bunch of memories that Iโm not too fond of, and glad itโs bit the dust.
Thanks Jupiter!
Yep, Thanks to Niyo and their Team for making Niyo IDFC.
Whoa
Yep! UPI sure is efficient. Donโt gotta deal with OTPs and entering card info. Saves a lot of time.
I stumbled on this the other day. Something related Incumbent Banks Vs Neobanks - Personal Finance As A Strategy
Is jupiter ever thinking of โpayment pageโ feature like razorpay? Razorpay takes too much commisions. It would be useful for content creators โฆ
The end is neigh!