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THEHINDUBUSINESSLINE.COM · GLOBAL ·

PhonePe wallet inactivity fee explained: UPI payments and bank accounts unaffected

As reported by thehindubusinessline.com
Inactivity fees on dormant PhonePe wallets do not affect users' linked bank accounts or UPI transactions, according to clarifications issued by the company afte...
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Our editorial commentary, not the publisher's article body.

PhonePe has clarified that new inactivity fees are applicable only to dormant wallets. Crucially, these charges do not impact users' linked bank accounts or their UPI transactions. This explanation aims to alleviate concerns following the recent announcement regarding the fee…

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