CURRENT AFFAIRS

Detailed explanation-1: -FinTech company MobiKwik has launched mpay.me - a UPI payment link service to send and receive money from any UPI payment app. Through mpay.me, users and merchants can set up a link using their mobile number to start receiving money.

Detailed explanation-2: -UPSC Mains Notes: FinTech company MobiKwik launched a UPI payment link service, mpay.me, that allows users to send and receive money from any UPI payment app. Through the new service, users and merchants can set up a mini personal payment gateways with their mobile number and share them.

Detailed explanation-3: -Time to make your own link Here’s how you can create your own link in seconds and start receiving money in your bank account: Download the MobiKwik app from here if you don’t already have it. Register for MobiKwik UPI. Now add your phone number in the link: mpay.me/<your mobile number>

Detailed explanation-4: -Paytm : UPI, Mobilercharge and money transfer As users can do every activity related to online payments on its app, it is the most used payment app. Paytm has 260.09 million transactions in volume with Rs.28, 986.93 Cr in transaction value, as of November 2020.