PhonePe launches India’s first Wallet with Auto Top-Up
PhonePe launches India’s first Wallet with Auto Top-Up - This launch makes the PhonePe wallet the most convenient digital wallet in the country India, 2021: PhonePe, India’s largest digital payments company, has launched India’s first Wallet Auto Top-up feature using UPI e-mandates for its customers. This feature allows PhonePe customers to set up a UPI e-mandate once, after which PhonePe will automatically top up their wallet balance, when it falls below a minimum level. This means PhonePe customers can now make multiple payments using their Wallet, without having to top up their wallet balance manually each time. This saves a lot of time and effort for PhonePe Wallet customers, as well as ensures a very high transaction success rate (~99.99%). Once the UPI e-mandate has been set up, users don’t need to enter any PIN or wait for an OTP each time they want to load their wallets, or make a payment. Here are some benefits of using Wallet Auto Top-up: 1) PhonePe Wallet is autom...