Technology

UPI users lost sleep at night! Phone Pe will be penalized for not using ‘this’ feature? What exactly is the topic?

By Samira Vishwas
  • Big shock to phone pay users
  • Penalty for not using phone pay wallet
  • Greater use of Phone Pay to make payments

Phone Pe Users Warning: Currently, the use of digital payments has increased significantly across the world including India. First if you are going to make any payment Online payment Choose to do. Phone Pay, Google Pay and others for this UPIis used. But now there is an important news for Phone Pay users using Phone Pay. Let us know what exactly this topic is.

An information is currently circulating on social media. Accordingly, PhonePay is said to have updated some of its wallet-related rules. If a user’s phone pay wallet is closed i.e. inactive for a consecutive year, i.e. no financial transaction has been made through it, the company will charge that user a penalty of Rs 100 per quarter. Information regarding this is being circulated on social media. There is no official explanation or rules regarding this yet. It is being discussed only on social media.

A tipster shared a screenshot on his official X account. They are said to be users using Phone Pay. It is said that the phone is giving alerts to pay users. If the wallet remains inactive for 12 months, a fee of Rs 100 will be charged after three months.

In today’s digital age, we all use Google Pay, PhonePay or Paytm. Also there is a feature called Phone Pay Wallet. It contains your bank account link. Users are expressing outrage over this viral post on social media platforms. In order to avoid this penalty if they want to permanently close their wallet, the app is said to be asking them to complete the Full KYC process first.

Samira Vishwas 552 posts 0 comments
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