Phonepe and YES bank linkage

Phonepe and YES bank linkage

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Deal Subedar
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My transactions on phonepe are not going through. Anyone else experiencing the same?
It seems that PhonePe is on Yes bank PSP, so transactions are not going through.

3 Comments  |  
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Shopping Friend
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jaybro wrote:

Yes bro there was a linkage. Phonepe operates on yesbank and has impact of yesbank UPI. There are settlement issues and phonepe app itself went down. I think they are taking ICICI as operator and will get activate in few days.
@thelion
Update: https://twitter.com/PhonePe_/status/12358652611... 

After 24 hours of outage, PhonePe kicks back to life with UPI payments on its platform

YBL which is Yes Bank’s IP, got transferred to ICICI Bank at the tech backend, not affecting PhonePe’s customers, and allowing the platform to continue business as usual. Further, it also saved PhonePe users from re-registering their accounts and applying for a new UPI handle.

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Deal Subedar
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Wat about the UPI mandajtes which was used to purchase SBI Card ipo?

If alloted wil it go successful.

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