PhonePe hits out at ICICI Bank, accuses bank of ‘scaring’ customers

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As the public spat between ICICI Bank and Flipkart-owned PhonePe over the latter’s UPI app escalates, the Bengaluru startup’s founders have taken to a blog to accuse the leading bank of “scaring” its consumers after it blocked transactions on PhonePe citing security concerns and violation of interoperability guidelines on the app.
Read more at Economic Times

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