ICICI Bank, PhonePe partner to provide credit line on UPI for customers

ICICI Bank and PhonePe on Tuesday entered a partnership to offer a credit line on UPI to customers of the Bengaluru-based fintech major.

Pre-approved customers on the PhonePe app can avail of a short-term credit line from ICICI Bank up to Rs 2 lakh with a repayment period of 45 days.