PhonePe

Yes Bank Crisis Hit Walmart's PhonePe Payments App

Yes Bank Crisis Hit Payments Apps

Walmart’s payment services provider PhonePe have suffered an outage after the Reserve Bank of India (RBI) on Thursday put Yes Bank under moratorium. Strangely, PhonePe, despite its big transactions is fully dependent on Yes Bank, as its payment gateway or payment services provider (PSP) and thus could not carry out

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