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Forget downloading extra apps! PhonePe Switch is one stop solution now - Here is how
Thu, Sep 19, 2019
PhonePe, today announced the launch of ‘PhonePe Switch’ (earlier called as ‘Apps’), a one-click entry point to a world of apps on its platform. ‘PhonePe Switch’ allows customers to seamlessly switch between PhonePe and their favourite food, grocery, shopping and travel apps from within the PhonePe app itself.
PhonePe goes live across over 1 million offline stores in Delhi-NCR
Mon, Sep 16, 2019
PhonePe continues to expand into newer geographies enabling even local kiranas to accept payments from consumers through digital payment mediums like UPI, Credit Cards, Debit Cards and Wallets.
Big relief for Paytm, PhonePe, Amazon Pay users! KYC deadline extended till February 2020
Mon, Sep 02, 2019
The Reserve Bank of India (RBI) has extended the deadline for KYC for mobile wallet account users from August 31st to February 29th 2020.
PhonePe hits $95 billion annual total payment volume rate
Sun, Aug 04, 2019
PhonePe, announced today that it has achieved an annual TPV (Total payment volume) run-rate of $95 billion while clocking 335 Million transactions in July. PhonePe’s TPV run-rate has grown nearly 5X in the past year, since crossing the $20 billion mark in June 2018.
Flipkart vs Amazon: Fastest growing skills at two most sought-after companies in India for jobseekers
Fri, Apr 05, 2019
In a recent Linkedin survey, Walmart-owned Flipkart is ranked as the most sought after company to work for in India.
PhonePe inks deal, rolls out various offers; this is how you benefit
Tue, Jan 22, 2019
Bengaluru based payments Technology Company CashFree has launched PhonePe as a checkout option on its payment gateway.
PhonePe user? You may lose money if you made this mistake
Sat, Oct 20, 2018
The company is running to provide cashless and a seamless payment experience to its customers, but it also has a serious drawback that can be activated if the user makes a mistake. The problem is that if once your PhonePe wallet is deactivated it cannot be re-activated again! Yes, that is official!
PhonePe raises Rs 452 crore from Flipkart Payments
Thu, Aug 09, 2018
"PhonePe raised Rs 452 crore ($66 million) from Singapore-based Flipkart Payments Ltd under the rights issue by allotting 21,40,602 equity shares of Rs 10 face value at a premium of Rs 2,100 per share under the rights issue," Paper.vc Founder Vivek Durai told IANS from Chennai.
ATM cash crunch: Mobile wallet cos see spike in digital transactions
Wed, Apr 18, 2018
One97 Communications, which owns the Paytm brand, said it has seen a 30 per cent surge in transactions from several cities across India compared to the last month. It added that this growth has been registered from major parts of states like Andhra Pradesh, Bihar, Gujarat, Assam, Karnataka, Maharashtra, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana, among others
PhonePe hits out at Paytm, says claims around UPI are "misleading"
Thu, Mar 08, 2018
PhonePe clarified that data around Paytm's ATV and Average Transactions per Customer (ATPC) was not available. However, based on the 21 million money transfer transactions made by Paytm customers to PhonePe users, the Bengaluru-based company had found that 40,000 unique consumers had done over 500 transactions each in February bringing the average transaction for Paytm to less than Rs 40.
Flipkart signs deal with Axis Bank-owned FreeCharge
Wed, Jan 10, 2018
This pact will also help Flipkart to maintain an edge over Paytm which is also expanding its online marketplace - Paytm Mall.
Can PhonePe's new PoS be a game-changer for UPI?
Wed, Nov 01, 2017
The device is designed as an electronic calculator to make it easy for shopkeepers to use them.
Jio impact: Now Airtel offers unlimited calls, 84GB data at Rs 399
Thu, Aug 17, 2017
Big 10 Sale: Myntra to join Flipkart's event; to launch offers & discounts up to 80% on fashion brands
Sat, May 13, 2017
Online fashion brand retailer Myntra will participate in Flipkart's upcoming 'Big 10 Sale' beginning from midnigt of May 14, Sunday, and will offer discount up to 80% on 3.5 lakh styles and designs,
HDFC Bank introduces UPI platform on Chillr; likely to benefit 44 banks' customers
Fri, Apr 07, 2017
HDFC Bank on Friday announced the launch of Unified Payments Interface (UPI) on its multi-bank mobile payments banking app Chillr in Mumbai.
Flipkart in discussions with Microsoft, Tencent Holdings, eBay, others to raise $1.5 billion funding
Wed, Feb 22, 2017
Flipkart is in talks with Microsoft, Tencent Holdings, eBay and PayPal Holdings to raise $1.5 billion at a valuation of $10-12 billion.
Now, NPCI tells PhonePe app is in contravention of UPI guidelines
Fri, Jan 20, 2017
After directing ICICI Bank to accept payments from PhonePe app through UPI, it now tells PhonePe it has been going against the guidelines.
NPCI asks ICICI Bank to open up to PhonePe "immediately"
Fri, Jan 20, 2017
SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge.
PhonePe urges ICICI Bank to give reasons for blocking transactions
Tue, Jan 17, 2017
In August, Flipkart's PhonePe subsidiary had partnered with Yes Bank to introduce unified payment interface (UPI) based mobile payments app.