ADVERTISEMENTREMOVE AD

Yes Bank Crisis: Paytm & PhonePe Get Sarky on Twitter

Both payment solution providers support UPI services for their users in the country.

Published
Tech News
1 min read
story-hero-img
i
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

This week’s Yes Bank crisis has majorly affected payment services across the country, and not allowing debit and credit card users to make transactions from their ATMs.

This situation has brewed into sarcastic tweets between two other payment providers, one of which has been affected by the Yes Bank network going offline.

Paytm Payments Bank, which operates its own banking service in the country, reached out to PhonePe, which heavily relies on Yes Bank for the back-end functioning of its digital payment service.

Paytm and PhonePe shared some sarcastic banter on social media on Friday, where the former asked its competitor to not worry about Yes Bank being non-operational, and invited PhonePe to its UPI platform.

ADVERTISEMENTREMOVE AD

Paytm claimed that its platform has "huge adoption and can seamlessly scale manifold to handle your business."

But after an hour, PhonePe gave a witty reply to Paytm, taking its case, and questioning the efficiency of its UPI payment ecosystem. PhonePe tweeted “if your UPI platform was so ‘seamlessly scalable’, we’d have called you ourselves.”

That’s not all, PhonePe took a dig at Paytm and committed itself to its long-term partner, and pointed out that ‘form is temporary, class is permanent.’

Paytm, of course, had to have the last word on this. Paytm tweeted saying it cares for all digital payments users. “Isn’t that the classy thing to do? Goodluck!” tweeted Paytm.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from tech-and-auto and tech-news

Topics:  Yes Bank crisis 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×