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Paytm payments Bank came up with a reply to PhonePe

Nabanita Dutta

News Editor
Image Credit: shortpedia

Yes Bank has collapsed and that has affected Indian digital payments startup PhonePe. Last Friday, PhonePe’s service went down for sometime when Paytm took to Twitter to offer help to build the UPI network for PhonePe. The latter refused it, and said form is temporary but class is permanent and they chose ICICI. Now Paytm Payment Bank released a statement that their infrastructure is best in the global banking industry.