New Delhi, Jun 20 (PTI) Inactivity fees on dormant PhonePe wallets do not affect users’ linked bank accounts or UPI transactions, according to clarifications issued by the company after notifications ...

PhonePe will charge a ₹100 quarterly fee on dormant wallet accounts inactive for over a year, impacting balances above ₹1.

(MENAFN- IANS) New Delhi, June 20 (IANS) Recent wallet inactivity notifications from PhonePe have led to increased consumer interest in digital wallets and how they function. One of the key ...

PhonePe updates wallet policy, introduces a Wallet Inactivity Maintenance Fee after 365 days of no wallet use, here's how to check if you are affected and how to avoid the quarterly charge.

MUMBAI: If your PhonePe wallet has been gathering digital dust, it may soon come with a housekeeping charge. PhonePe has revised its wallet policy and will begin levying a quarterly maintenance fee on ...

Taking some inspiration from banks, PhonePe is going to levy a Rs 100 quarterly fee on dormant wallets. The app has already updated its usage guidelines to reflect the new policy.

Users of fintech company PhonePe are peeved over a new message which conveyed charges would be collected from accounts of dormant PhonePe wallets. The message kicked up a debate on several social ...

PhonePe explains wallet inactivity fees, clarifying that charges apply only to dormant wallets and do not affect UPI payments or linked bank accounts.

PhonePe, a well-known UPI app, just rolled out a new policy that’s turning heads—especially among people who used to use their wallet service but drifted away. Now, if you don’t use your PhonePe ...

Digital payment and financial services company, PhonePe, has revised its wallet policy to introduce an inactivity maintenance fee for users who do not use their wallets for an extended period.