PhonePe tie-up with ICICI Bank on UPI multi-bank model

PhonePe has partnered with ICICI Bank on UPI multi-bank model. Through this partnership, Phonepe giving its users the option to create and use multiple UPI IDs with ICICI and Yes Bank”s handles on the PhonePe app. The PhonePe customers will now be able to choose between multiple handles for their UPI IDs, thus making payments easy, secure and accessible to all.

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Important takeaways for all competitive exams:

• Phonepe founded: December 2015.
• CEO of Phonepe: Sameer Nigam.
• Headquarters location: Bengaluru, Karnataka.

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