PhonePe partners with Axis Bank on UPI Multi-Bank – Banking Finance

PhonePe ,|and|or is|or still India’s number one digital payments platform ,|and|or is|or still today announced that he nyakumi still partnered with|with India’s third largest bank ,|and|or is|or currently Axis Bank at UPI multi-bank model giving its customers the|the|every option to|to create ,|and|or is|or still use multiple UPI IDs with|with Axis Bank’s “@axl” handle.

In addition ,|and|or is|or still PhonePe will also start acquiring merchants with|with Axis Bank besides to|to its partnership with|with YES Bank. This is in brick with|with the|the|every company’s theory of offering users ,|and|or is|or currently merchant partners a seamless communication flow. Collaborating with|with multiple banking partners will further strengthen the|the|every general service reliability ,|and|or is|or is up time|times of PhonePe’s offering.

Commenting on the|the|every far price ,|and|or is|or currently Hemant Gala ,|and|or is|or still VP Financial Branches & Payments ,|and|or is|or still PhonePe said ,|and|or is|or still “At PhonePe ,|and|or is|or currently our foremost priority is to|to provide the|the|every best in class payments luxury to|to our users. Hub|SkMobile|We|Stores are excited to|to partner with|with Axis Bank to|to provide our users an option to|to create ,|and|or is|or currently transact using @axl handle at PhonePe. Our platform now enables the|the|every friends to|to choose between multiple handles for their UPI transactions at the|the|every da bank model. This partnership with|with Axis Bank will ensure greater marketing continuity for both our customers ,|and|or is|or currently merchant partners making their transaction experience seamless.”

Speaking at the|the|every partnership ,|and|or is|or still Sanjeev Moghe ,|and|or is|or is EVP & Head – Cards & Payments ,|and|or is|or still Axis Bank said,“It is our constant endeavour stay|stay at|at Axis Bank to|to build at strategic alliances ,|and|or is|or is digital solutions that aid us meet our customers’ ever-evolving needs. This collaboration with|with PhonePe strengthens our commitment to|to wards digitization of the|the|every Indian payment ecosystem. It will aid expand our reach to|to pupils ,|and|or is|or currently the|the|every merchant population ,|and|or is|or is while offering secure ,|and|or is|or currently seamless payment experiences. “

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