According to the company, it will surrender its NBFC-AA license to the RBI and has initiated the wind-down of its account ...

“We have decided to surrender our NBFC-AA licence to the RBI, and initiated the wind down of our AA operations,” said PhonePe in a statement The company cited its inability to onboard a ...

The Walmart group company will now partner other AAs in the market. (Image/Bloomberg) Fintech firm PhonePe on Friday said that it has decided to wind down its account aggregator (AA) business and ...

Also Read In a win for Google Pay and PhonePe, NPCI extends UPI market cap deadline by two years The AA framework, introduced on September 2, 2021 to enhance financial data-sharing with user ...

Country's largest fintech firm PhonePe on Friday said it has exited from account aggregation business as it could not add enough partners to provide services as per its expectation. The company ...

PhonePe Group has decided to exit the account aggregator business and surrender its NBFC-AA licence to the Reserve Bank of India (RBI), the company said on February 7, citing a shift in focus to ...

Patrick Holland has been a phone reviewer for CNET since 2016. He is a former theater director who occasionally makes short films. Patrick has an eye for photography and a passion for everything ...

PhonePe has decided to exit the Account Aggregator business and instead partner with other Account Aggregators (AAs) in the market. Digital payments major PhonePe on Friday said it has surrendered its ...

If you buy through our links, we may get a commission. Patrick Holland has been a phone reviewer for CNET since 2016. He is a former theater director who occasionally makes short films.

The "Locate Nearby Stores" function in the PhonePe app for Android is a game-changer! It takes the hassle out of finding PhonePe-accepting merchants. By utilizing your device's GPS, it generates a ...

This can make your savings add up over time, as you won't be stuck on an expensive data plan for 24 months as you pay off your phone on an installment plan. You can also sometimes get deals ...