The Walmart-owned very popular shopping platform Flipkart has officially introduced Flipkart UPI in the market of India and the same will be giving head-to-head competition against Amazon Pay. Flipkart has introduced the new Flipkart UPI in collaboration with Axis Bank in India.
The company was actually trying to enter into the payments sector for the past few years, especially after the separation from PhonePe in 2022. So let’s get into the article to check out the full details of the newly introduced Flipkart UPI in India.
The newly introduced Flipkart UPI will enable you to make merchant QR code payments along with electricity bills and mobile recharges. Enable you to make a P2P money transfer directly using the official Flipkart application.
The latest Flipkart UPI is available on both Android and iOS platforms and the same is available inside the Flipkart app. It is worth engineering that you need to update the shopping application to enable Flipkart UPI.
After updating the application, you need to open it and select the ‘Scan & Pay’ option. Now go to ‘My UPI’ and select the bank in which you have your account. Flipkart will now verify your bank details with an SMS, that will activate Flipkart UPI.
Flipkart is not charging any convenience fee for bill payments and the platform is offering up to Rs 10 discount for a limited time offer. Flipkart has also added support for UPI on credit cards and you guys can able to link the Rupay credit card on Flipkart UPI for merchant payments.
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