Friday 6 March 2020

Yes Bank crisis: UPI’s use dives 40%, PhonePe lines go dead

An unexpected fallout of the Reserve Bank of India’s moratorium on Yes Bank was a disruption of the Unified Payments Interface (UPI) offered by fintech firms, which accounts for the bulk of digital transactions in the country. Via Times of India https://ift.tt/2hJjhqE

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