 "Zomato temporarily halts new consumer onboarding on UPI payments app")
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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