PhonePe, CRED quietly pilot credit-card rent payments revival under marketplace model
Both fintechs are testing a relaunch of credit card rent payments with select users, with wider rollout possible next month. The feature was paused after RBI flagged P2P concerns in September. New marketplace structure carries a ~1% fee and aims to differentiate from wallet loading.
PhonePe and CRED are testing a relaunch of credit card rent payments under a marketplace model with select users, with wider rollout possible next month, reviving a feature paused after RBI raised P2P concerns in September last year.