PhonePe to charge Rs 100 quarterly fee on inactive wallets: What users need to know
PhonePe users may soon have to pay a maintenance fee if they leave their wallets unused for a long time. The company recently updated its wallet guidelines, noting that it would impose a Rs 100 inactivity maintenance fee if users failed to use their PhonePe wallet for 365 days. In other words, PhonePay will consider…