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    Sonal Shridhar Shinde in News

    10-Nov-2022 11:31 AM


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    PhonePe enables UPI activation using Aadhaar-based OTP authentication

    Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar-based OTP authentication.PhonePe is the first UPI Third Party Application Provider (TPAP) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time, the company said in a statement."We are excited to be the first fintech platform to offer Aadhaar-based authentication for our users, making the UPI onboarding flows even more simple and inclusive. Users choosing this option will only need to enter the last 6 digits of their Aadhaar number to initiate the onboarding process. Going forward, we are closely working with NPCI to take UPI international," said Agrawal. With 41.5 crore registered users, one in four Indians is now on PhonePe.
    Source: Zeenews
    #PhonePe