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

Google Pay, PhonePe To Offer Auto Debit In India
Google Pay, PhonePe To Offer Auto Debit In India
August 10, 2020  |  Digital Payments

Google Pay and PhonePe, digital payment providers, are collaborating with the National Payments Corporation of India (NPCI) to offer recurring payments, Moneycontrol.com reported, citing banking...

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Google Pay Restricts App After Yes Bank Seizure Disrupts Payments Rails In India
Google Pay Restricts App After Yes Bank Seizure Disrupts Payments Rails In India
March 09, 2020  |  Google

Google Pay, the leader in India’s instant real-time payment system Unified Payments Interface (UPI), temporarily turned off its app’s “check account balance” feature during PhonePe’s...

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Yes Bank’s Chaos Means No-Go For Payments
Yes Bank’s Chaos Means No-Go For Payments
March 06, 2020  |  International

For digital payments, for eCommerce, when a bank gets interrupted … the impact is instantaneous and disruptive. Get the Full Story Complete the form to...

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Cashfree Opens India’s UPI For Corporate Use Cases
Cashfree Opens India’s UPI For Corporate Use Cases
February 05, 2020  |  B2B Payments

Indian payments and banking technology company Cashfree has launched a Unified Payment Interface (UPI) stack with more than 15 integrations for businesses’ payment needs, according...

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SoftBank, Ant Financial Back India’s Paytm With $1B Funding
SoftBank, Ant Financial Back India’s Paytm With $1B Funding
November 25, 2019  |  Payment Methods

India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate...

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 In India, Digital Payments Firms, Digital Lenders Grab VC Dollars
 In India, Digital Payments Firms, Digital Lenders Grab VC Dollars
November 11, 2019  |  Fintech Investments

FinTech investment in India proceeds apace through the last few weeks of the year, with funding rounds extended to digital payments firms and digital lenders....

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Walmart Looks To Split PhonePe, Flipkart
Walmart Looks To Split PhonePe, Flipkart
October 11, 2019  |  Retail

Global retail giant Walmart has plans to spin off India’s PhonePe from Flipkart and create a separate entity, the Economic Times reported on Friday (Oct....

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PhonePe’s $7B Valuation Drives Walmart Shares To All-Time High
PhonePe’s $7B Valuation Drives Walmart Shares To All-Time High
September 06, 2019  |  Investments

The payment arm of Flipkart, PhonePe, has been valued at $7 billion by Morgan Stanley, according to reports. Get the Full Story Complete the form...

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Rapyd Teams With OCBC Bank For RTP; DBS Debuts Mobile Service For SMBs
Rapyd Teams With OCBC Bank For RTP; DBS Debuts Mobile Service For SMBs
April 15, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up of Rapyd and OCBC Bank for real-time payments...

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