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PhonePe Partners with ICICI Bank
- ICICI Bank has partnered with PhonePe to offer instant credit on UPI to its pre-approved customers on the app.
- Millions of ICICI Bank pre-approved customers can open a short-term credit line on the PhonePe app and use it for UPI transactions.
- The credit line offers a 45-day payback term of up to 2 lakh.
- The partnership aims to provide seamless digital credit for customers, especially during the festive season.
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