Zomato Temporarily Halts New Users on Its UPI Platform to Incorporate Feedback

Zomato launched its own Zomato UPI service in partnership with ICICI Bank, all ready to take on Google Pay and PhonePe, in May this year.

By Press Trust of India | Updated: 13 July 2023 22:43 IST

Zomato Temporarily Halts New Users on Its UPI Platform to Incorporate Feedback

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI)

Highlights

Zomato said it will start enrolling new users on the app by end of month
The service facilitates transfer of money directly from the user's phones
Some of top UPI service in the country are Google Pay, Paytm and PhonePe

Food delivery platform Zomato on Thursday said it has temporarily paused the onboarding of new users on the Unified Payments Interface it rolled out in May to incorporate feedback.

The company said it will start enrolling new users on the app by the end of the month.

In May this year, the Gurugram-based firm launched Unified Payments Interface (UPI) services for some users in the country in partnership with ICICI Bank.

"The UPI offering has been temporarily paused for new user onboarding, only to incorporate feedback received on the onboarding flow. We will start enrolling new users by the end of the month," a Zomato spokesperson said.

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI).

The service facilitates transfer of money directly from the user's phones using a UPI PIN on supporting apps. Some of the top players offering UPI service in the country are Google Pay, Paytm and PhonePe.

Zomato launched its own Zomato UPI service in partnership with ICICI Bank, all ready to take on Google Pay and PhonePe, in May this year. The aim was to make online payments more seamless with Zomato UPI by giving users an option of using the facility without doing KYC.

To use the Zomato UPI, users need to create their UPI ID on the Zomato app. "UPI Facility offers an instant, 24X7, interbank electronic fund transfer or fund collection service to the Users of UPI member banks. ICICI Bank will provide a mobile application to the Users which will use the NPCI UPI libraries facilitating payments," said Zomato in a release at the time.

From the Nothing Phone 2 to the Motorola Razr 40 Ultra, several new smartphones are expected to make their debut in July. We discuss all of the most exciting smartphones coming this month and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Affiliate links may be automatically generated - see our ethics statement for details.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.