Good news for Phone Pay, Google Pay users
Good news for Phone Pay and Google Pay users. RBI Governor Shaktikanta Das gave important information. Users making UPI payments through apps like Paytm, PhonePe or Google Pay will now be given a pre-approved credit line. This amount will be determined by banks or financial institutions. Users can use this amount even if there is no money in their account. Later the customer will have to pay interest on this.