Zomato: Zomato’s UPI service has begun. The business and ICICI Bank have a partnership for this. According to Zomato, the company hopes to further enhance the customer’s payment experience through the UPI service. Users of Zomato’s UPI service won’t be required to complete KYC, and anyone can customise their UPI ID. The business is advising it on safe transaction methods.
Zomato UPI Allows Quick In-App Transactions with Custom UPI IDs
The firm intends to make payments simpler for individuals by introducing Zomato UPI. With this service, you’ll be able to pay quickly from the Zomato app, but you’ll need to generate a new UPI ID by storing any bank account in order to do so. In this approach, users of UPI systems like Google Pay, Paytm, or PhonePe won’t need to be forwarded to them in order to make payments.
Expansion Plans to Include More Users and Banks
Zomato UPI service is currently only accessible to a few users. In the app’s profile section, you may see if you’ve used this service or not. According to reports, the corporation will soon make this service available to practically all users. On this premise, it is anticipated that additional banks would join Zomato’s UPI service. Users of Zomato Gold can currently see it in the Settings section. Activate the Zomato app. Scroll down to the Zomato UPI section in the Profile area. Select the Active Zomato UPI option in this. You must now provide your UPI ID. The next step is to confirm your mobile number. You will next be prompted to add a bank account in order to complete the payment.
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