ICICI Bank has blocked transactions on Flipkart’s payment app PhonePe citing security concerns. Launched in August, PhonePe is unified payments interface (UPI) app. The bank began blocking transactions on Phone Pe starting Friday. @ICICIBank is blocking all @ybl & @PhonePe_ txns since Friday. No intimation. No provocation. Not cool at all! @UPI_NPCI @YESBANK @dilipasbe http://pic.twitter.com/QeysKJemEH— …
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