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UPI payments

PhonePe taps merchants in big lending push

Digital payments major PhonePe has jumped on the credit bandwagon with a foray into merchant lending. This comes on the heels of its aborted acquisition of fintech lending platform ZestMoney, which it had hoped to build up as a consumer…

PhonePe goes live with UPI Lite

Payments major PhonePe announced on Wednesday that it has gone live with the UPI Lite feature on its app, allowing users to initiate low-value payments of up to Rs 200 without entering a personal identification number (PIN). UPI Lite was…