Digital payments platform, PhonePe has announced that it has partnered with Axis Bank on a Unified Payments Interface (UPI) multi-bank model. The partnership will provide PhonePe users with the option to create and use multiple UPI IDs with Axis Bank’s “@axl” handle.
This collaboration with PhonePe strengthens our commitment towards digitisation of the Indian payment ecosystem. It will help expand our reach to customers and the merchant community while offering secure and seamless payment experiences.
WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual
PhonePe had emerged as the top UPI app in January, processing 968.72 million transactions worth ₹1.92 trillion, according to data by National Payments Corporation of India (NPCI). PhonePe will also start acquiring merchants with Axis Bank in addition to its partnership with YES Bank. It will help expand our reach to customers and the merchant community while offering secure and seamless payment experiences.
Important takeaways for all competitive exams:
China has launched the Shenzhou 23 spacecraft and sent the three astronauts to its Tiangong…
For the year 2026, the Sansad Ratna Awards have been announced the outstanding performance by…
As the IPL now at the climax part, final 4 teams are now officially confirmed…
Football Icon Lionel Messi has officially enters to the billionaire club and become the only…
Rajya Sabha MP Raghav Chadha has been appointed as the new Chairman of the Rajya…
Major Abhilasha Barak who was serving with the United Nations peacekeeping mission in Lebanon has…