Money & Banking

PhonePe, Flipkart apps have violated UPI norms on interoperability: NPCI

Priya sundarajan | | Updated on: Jan 12, 2018

The National Payments Corporation of India (NPCI) late on Friday evening said that PhonePe and Flipkart apps are in "contravention" of the UPI guidelines on interoperability.

Hence, NPCI has directed PhonePe and Flipkart*to comply with the UPI guidelines and allow payments from UPI handles of all banks on their Apps.

Simultaneously, ICICI Bank has been requested to allow UPI transactions from PhonePe App as soon as PhonePe and Flipkart's start complying with the UPI guidelines on interoperability.

srivats.kr@thehindu.co.in

Published on January 21, 2017
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