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Flipkart Launches UPI Service in India

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Flipkart, the major Indian e-commerce site, has joined the digital payments space with the launch of its own UPI service. This is an interesting development, as Paytm, a significant participant in the Indian digital payment space, continues to confront regulatory obstacles. What can you do with Flipkart UPI?
  • Seamlessly pay for purchases: For a hassle-free purchasing experience, scan merchant QR codes and pay straight through Flipkart UPI within the app. 
  • Settle essential bills: Easily pay for your cell recharges and electricity bills with the "Scan & Pay" feature of the app. 
  • Transfer money with ease: Using UPI IDs, send and receive money to friends and family instantaneously. 
  • Link Rupay credit cards: For even more payment options, link your Rupay credit card to Flipkart UPI.
  • Enjoy additional benefits: Enjoy zero convenience fees for bill payments and even save up to Rs 10 for a short time.
How to get started with Flipkart UPI?
  • Update the Flipkart app: Make sure you've got the most recent version of the program from the Apple Program Store or Google Play Store. 
  • Access Scan & Pay: Open the app and navigate to the "Scan & Pay" option. 
  • Activate My UPI: Within the "Scan & Pay" section, find the "My UPI" option and proceed to click on it to activate it.
  • Choose your bank: Select your bank from the list provided for verification. 
  • Start using Flipkart UPI: Now, Flipkart UPI will be available for usage in all of your digital transactions after successful authentication. 
The Future of Digital Payments in India: The current regulatory concerns surrounding Paytm and Flipkart's entry into the UPI area have the potential to drastically change the dynamics of the Indian digital payments landscape. This action could open the door for Flipkart to introduce even more cutting-edge payment options down the road and help to further accelerate the adoption of UPI.

By Raulf Hernes

If you ask me raulf means ALL ABOUT TECH!!


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