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Vivek Sharma

If you like this pag...ย โ€ขย 6m

Fintech major PhonePe has partnered with financial fitness platform Jar to roll out a new โ€˜Daily Savingsโ€™ feature on its platform for the purchase of digital gold. According to PhonePeโ€™s statement, the product will allow users to save money in 24K digital gold through small, daily contributions. Users can start saving amounts from as low as INR 10, up to a maximum of INR 5,000 each day in digital gold. The product will streamline the digital gold investment process in under 45 seconds, powered by Jarโ€™s integrated Gold Tech solution. Initially, this technology will be available to partner businesses, allowing them to offer digital gold savings. Additionally, the product will ensure easy fund transfers and payments. โ€œAutomated daily contributions make it easy to save consistently without manual intervention. Users have the option to pause or cancel their Daily Savings anytime, or redeem the gold for cash whenever they want,โ€ the statement added. Source: Inc42

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