Phonepe Now supports Airtel All Recharges Updated 2017
Are you a Phonepe App user? Still wondering why Phonepe UPI app does not have option to recharge Airtel DTH or Airtel Mobile recharge. Then we have collected reasons to satisfy your query. The act started when India’s one of the most popular band ICICI Bank stopped to process all transaction by Phonepe app.
Update : Phonepe Started Supporting Airtel Recharges with Attractive offers
Seeing ICICI Bank Bharti Airtel decided to block Phonepe from recharging any Airtel services. If we look at the figure then this global fight led to several loss to Flipkart owned UPI app. Moreover if you read ICICI Bank guidelines properly then you will notice even, ICICI Bank don’t support transaction via Phonepe Application.
What are the Reasons ICICI Bank Blocked Phonepe App Transaction?
As per reports after ICICI Bank stopped supporting Phonepe UPI transaction then, NPCI (National Payment Council of India) which manages UPI (Unified Payment Interface) protocol that are responsible for digital transactions had ordered ICICI Bank to grant access phonepe as early as possible.
But ICICI Bank denied the order and issued a statement which states PhonePe should adhere to the rules of interchangeability by allowing users of any bank to use their own UPI ID to make payments via PhonePe.
ICICI Bank has fully assured that they will unblock PhonePe’s access as soon as this is corrected by that non-banking application, as they said: “NPCI has assured us in writing that this will get corrected very soon and the concerned App will allow interoperability. As soon as this is corrected, ICICI Bank will start allowing UPI transactions to resume on this App.”
Why Phonepe app has No option to Recharge Airtel?
Well Airtel has not cleared the reason why they don’t trust phonepe app. They passed an official statement to all Airtel users which states that
“We are concerned about security risks for our customers using e-wallets. When there is a transaction failure during phone bill payment (with a bank), there is a streamlined redressal mechanism, customer care service, 24×7 call centre and immediate reversal of paid amounts. But with wallets that is not the case. We are finding it difficult to deal with wallets and might have to re-think our digital strategy..”
The time has passed and now After Google’s Tez App Launch in India the growth of UPI Transaction has increased exponentially. I think it’s time for Airtel to grant Phonepe access to recharge their services to promote UPI transaction in India. However Hike messenger too adopted UPI transaction even it support Airtel recharge then why not phonepe? Do leave your feedback in the comment area.