Indian consumers will now get a diversified portfolio of insurance products to choose from insurance companies, on PhonePe.
Walmart-owned fintech company has cornered 46% of India’s UPI market as the volume of transactions and total value post a new record in June
Payment banks are offering interest rates as high as 7.5%. Also, most of the payment banks have the facility of zero balance account.
Paytm Payments Bank has also entered into a partnership with Paytm Money to enable payment mandates for IPO applications