Currently, a small group of people can use the Zomato UPI service. Read to know more.
With the launch of Zomato UPI, users can now register to create a new UPI ID, after which they can continue to use the Zomato app to make payments rather than being sent to another app like Google Pay, Paytm, PhonePe, or another one as it is the case for some users currently.
The platform is also hoping that customers would find the new arrangement less complicated and choose UPI payments more frequently in place of cash-on-delivery (COD) orders.
Currently, a small group of people can use the Zomato UPI service as the newly announced service is a part of the pilot program. In the coming months, there are plans to make this service available to all Zomato users. Zomato's first partnership was with ICICI Bank, but there are plans to make more partnerships with banks in the near future.
In a similar vein, Flipkart, a leading e-commerce company based in Bengaluru, is also said to be working on launching its own UPI service. According to media reports, the objective behind this move is to offer customers their own UPI products and enhance their overall experience. Furthermore, various tech giants such as Amazon, WhatsApp, Tata Neu, and MakeMyTrip have already introduced their own UPI services, demonstrating the growing popularity and widespread adoption of UPI-based payment systems.