New Delhi, Feb 19 (IANS) In the decade since its inception, PhonePe has transitioned from a daring UPI pioneer into what many call a ‘fully diversified fintech platform’.With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore spanning metros to remote villages, PhonePe’s expansion reflects a strategy centered on specific use cases and scalable infrastructure.PhonePe’s success wasn’t built on a single ‘eureka’ moment, but on solving the ‘small-tick…
Latest Financial Products News & Updates
Mumbai, Feb 12 (IANS) The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank staff for selling insurance, mutual funds and other products to curb the mis‑selling of financial products.Further, the central bank prohibited “dark patterns” on commercial banks’ user interfaces to lure customers into purchases.Dark pattern means “any practice or deceptive design pattern that is designed to trick users to do something they originally did not intend, by sub…