{"id":2863,"date":"2020-06-28T01:55:04","date_gmt":"2020-06-28T01:55:04","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=2863"},"modified":"2020-06-28T01:55:04","modified_gmt":"2020-06-28T01:55:04","slug":"icici-bank-phonepe-collaborate-on-upi-multi-bank-bfsi-news-et-bfsi","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=2863","title":{"rendered":"ICICI Bank, PhonePe collaborate on UPI Multi-bank, BFSI News, ET BFSI"},"content":{"rendered":"<p><\/p>\n<div><a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/icici+bank\">ICICI Bank<\/a> and <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/phonepe\">PhonePe<\/a> have partnered on <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/upi\">UPI<\/a> multi-bank model that will offer multiple UPI IDs with \u2018@ibl\u2019 handle for ICICI Bank users and \u2018@ybl\u2019 handle for <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/yes+bank\">YES Bank<\/a> users to enable easy, quick and <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/contactless+payment\">contactless payment<\/a> services to over 200 million registered PhonePe users.<\/p>\n<p>By associating with two <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/news\/banking\">banking<\/a> partners, PhonePe aims to stand out in the market of UPI offering and to build up its service reliability of offering seamless transactions to users and merchant partners.<\/p>\n<p>Speaking on the launch, <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/hemant+gala\">Hemant Gala<\/a>, Vice President, Financial Services and Payments, PhonePe said, \u201cOffering the \u2018@ibl\u2019 handle to the users on our platform further solidifies PhonePe\u2019s already fruitful association with ICICI Bank. With customers now being able to choose between multiple handles for UPI IDs, we have achieved another key milestone in our journey towards making payments easy, secure and accessible to all.\u201d<\/p>\n<p>Talking about the announcement, <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/tag\/bijith+bhaskar\">Bijith Bhaskar<\/a>, Head-Digital Channels &amp; Partnership, ICICI Bank said, \u201cWith increase in adoption of digital payments, ICICI Bank remains committed to extend its robust, reliable and scalable ICICI stack for wider use to the customers and partners. In further deepening of its collaborative ecosystem, ICICI Bank is partnering with PhonePe for extending UPI services. We believe that with this partnership both ICICI Bank and PhonePe would be able to capitalize on their immense domain strengths for empowering customers to a seamless and simple digital payment experience.\u201d<\/p>\n<p>To add or create ICICI Bank\u2019s UPI ID, the new version of the app will be available soon to the users in the coming week.<\/p>\n<\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v4.0\"><\/script><script>\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s)}(window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n  fbq('init', '905994023094530');\n  fbq('track', 'PageView');\n<\/script><br \/>\n<br \/><a href=\\\"https:\/\/bfsi.economictimes.indiatimes.com\/news\/banking\/76643504?utm_source=RSS&#038;utm_medium=ETRSS\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Bank and PhonePe have partnered on UPI multi-bank model that will offer multiple UPI IDs with \u2018@ibl\u2019 handle for ICICI Bank users and \u2018@ybl\u2019 handle for YES Bank users to enable easy, quick and contactless payment services to over 200 million registered PhonePe users. By associating with two banking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-2863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/06\/icici-bank-phonepe-collaborate-on-upi-multi-bank.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/2863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2863"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/2863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/2864"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}