Four years after launching the Unified Payments Interface (UPI) payments in India, caller ID application Truecaller will suspend the service for its users starting 8 March.
The spam-blocking app was running the UPI service under the name Truecaller Pay in the country. The decision to stop the service is part of its strategy to focus on its core offerings, including communication and safety, a company spokesperson told Mint.
“As per guidance we got from regulators, we have given two weeks’ notice to users,” Truecaller said.