Bhubaneswar, Nov. 14 -- Digital payments major PhonePe recently claimed it to be the first in the country to launch the Aadhaar-based onboarding procedure for UPI registration.

This means that customers using PhonePe can now activate UPI using Aadhaar-based OTP.

Till now, customers had to compulsorily use a valid debit card for OTP authentication to set up UPI pin.

There are crores of bank account holders who do not have a debit card and thus have been refrained from accessing the benefits of UPI.

In order to deal with such situation, the Central government did away the need for a debit card to create UPI payment ID in its directive earlier in March 2022.

But to register with UPI without a debit card, it's mandatory to use the mobile...