SBI allows even non-SBI account holders to pay via YONO App's UPI, takes Google Pay, Paytm, PhonePe head on
Published by Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, said SBI appears to be courting tech-savvy millennials and called the move "bad news for new-age payment apps" as the country's largest lender moves onto their ground.
More of Abhishek's views on money management
SBI opened UPI payments on its YONO app to customers of any bank. The article walks through registering a non-SBI account on the app, describes its UPI features and an interoperable cardless cash withdrawal facility, and collects views on whether this challenges established UPI apps.
Publisher source
SBI allows even non-SBI account holders to pay via YONO App's UPI, takes Google Pay, Paytm, PhonePe head on
