PhonePe

PhonePe Private Limited, d/b/a PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore, India. It was founded in December 2015, by Sameer Nigam and Rahul Chari. PhonePe app went live in August 2016 and was the first payment app built on Unified Payments Interface.

Source: phonepe.com

Indian FinTech PhonePe Launches Credit Use on App
Indian FinTech PhonePe Launches Credit Use on App
August 22, 2024  |  Credit Cards

PhonePe is rolling out a way for Indian consumers to link their credit lines to the Unified Payments Interface (UPI) on its platform. Shoppers can...

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Report: Amazon Pay and Google Pay Among Firms to Offer Digital Rupee Transactions
Report: Amazon Pay and Google Pay Among Firms to Offer Digital Rupee Transactions
August 05, 2024  |  Digital Payments

The Reserve Bank of India’s (RBI’s) offer to allow payment firms to enable eRupee transactions via their platforms has reportedly been taken up by five such...

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Walmart Says PhonePe and Flipkart IPOs Years Away
Walmart Says PhonePe and Flipkart IPOs Years Away
June 09, 2024  |  Walmart

Walmart’s India-based eCommerce marketplace and payments company aren’t quite ready to go public. “This is something we’re looking at over the next couple of years,”...

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PhonePe and Mashreq Partner to Enable UPI Payments in UAE
PhonePe and Mashreq Partner to Enable UPI Payments in UAE
April 01, 2024  |  Partnerships

Indian citizens visiting or working in the United Arab Emirates can now use the PhonePe app to make payments using the United Payments Interface (UPI) at Mashreq’s Neopay terminals. These transactions...

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Paytm’s Troubles Drive Indian Customers to Walmart and Google
Paytm’s Troubles Drive Indian Customers to Walmart and Google
March 06, 2024  |  Digital Payments

Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the...

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PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
February 21, 2024  |  Mobile Applications

PhonePe has launched an Android app store that offers app discovery in 12 Indian languages that cater to 95% of the country’s population. This new...

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Indian Parliamentary Panel Says Domestic FinTechs Need Support
Indian Parliamentary Panel Says Domestic FinTechs Need Support
February 09, 2024  |  Digital Payments

An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed...

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PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024  |  Personnel

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans....

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Paytm CEO Forecasts Profitability in Under a Year
Paytm CEO Forecasts Profitability in Under a Year
December 20, 2023  |  Digital Payments

Paytm is reportedly overhauling its wealth management operations as the FinTech aims to fast-track profitability. Part of the plan also involves the Indian company hiring more than...

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