PhonePe launched ‘Credit Line on UPI’, expanding payment flexibility for consumers and merchants

PhonePe launched ‘Credit Line on UPI’, expanding payment flexibility for consumers and merchants

Daily Current Affairs   /   PhonePe launched ‘Credit Line on UPI’, expanding payment flexibility for consumers and merchants

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Category : Business and economics Published on: August 26 2024

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  • PhonePe has announced the launch of its new feature, ‘Credit Line on UPI,’ aimed at enhancing the flexibility and convenience of transactions for its users.
  • This new offering allows consumers to connect their credit lines from banks to the Unified Payments Interface (UPI) on the PhonePe platform, enabling seamless merchant payments and providing a new dimension to the digital payments ecosystem.
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