Pay to Contacts shows the valid UPIIDs associated with the selected contacts, regardless of the UPI app used by the recipient. According to the company, this saves time by eliminating the need to enter UPI ID or bank account details to process payments. The company wants to rival PhonePe, Paytm and Google Pay, which dominate the domestic UPI payment segment, according to ohionewstime.com. Most UPI-enabled apps already offer this payment method.
Recently, Airtel Customers have announced that they are now able to open a new type of savings account called the Airtel Payments Bank, Rewards123. Airtel said the Rewards123 account was designed to provide rewards for different types of digital transactions throughout the year.
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