PhonePe

PPhonePe Payment Gateway has launched 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions, the company said on Saturday. The solution utilizes device tokenization to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners, the company said in a statement. Yuvraj Singh Shekhawat, Chief Business Officer of Merchant Business at PhonePe, said that the launch of PhonePe PG Bolt feature for Visa and Mastercard is a significant step in the company's journey to simplify digital payments for millions of Indians. "By leveraging device tokenization, we will enable users and merchants to move away from the traditional, cumbersome checkout process to a secure, one-click payment experience. This not only enhances user convenience but also empowers our merchant partners to maximize their growth through industry-best success rates and reduced drop-offs," he said. The new feature allows users to tokenize their Mastercard an

Multiple industries in India, including food delivery, payments, and paints, are experiencing emerging duopolistic trends

PhonePe said the collaboration will enable OpenAI's ChatGPT to be discoverable across its consumer app and the PhonePe for Business app

~The latest version combines POS functionality and voice alerts to help small merchants expand their digital payment acceptance~

Launched at GFF 2025 this collaboration enables a credit-backed, UPI-native AutoPay experience for uninterrupted subscriptions and seamless renewals

~The Fixed Deposit-backed RuPay credit card is designed for new-to-credit customers, offering exceptional rewards and a seamless digital application experience on the PhonePe app~

The new "save once, use everywhere" feature allows customers to save their card on the PhonePe app for secure, one-tap payments across all merchants in the network.

Payment apps PhonePe and Paytm have helped citizens avert potential financial frauds worth Rs 200 crore by using the fraud risk indicator platform developed by the Department of Telecom, a senior Walmart group official said on Wednesday. While giving a presentation to Prime Minister Narendra Modi at the inaugural session of India Mobile Congress (IMC), PhonePe co-founder Rahul Chari said that by using FRI (Fraud Risk Indicator) data, apps like PhonePe and Paytm have frozen more than 10 lakh accounts and wallets. "They have blocked more than 48 lakh suspicious transactions. More than 200 crore rupees in potential financial loss have been averted. The DoT has been able to save more than that in the potential financial loss to consumers in just 3-4 months prior to the launch," Chari said. According to the breakup shared by Chari, PhonePe claims to have helped citizens avert potential financial fraud losses of around Rs 125 crore, while Paytm has helped save Rs 68 crore in the last 2 ..

PhonePe and Mastercard have launched contactless tap-and-pay payments for Indian cardholders using NFC-enabled Android smartphones at merchant outlets in India and abroad

Fintech startup reported 40% revenue growth and positive cash flows in FY25

Policy will provide cover of up to Rs 25,000 for accidents and can be purchased 'under a minute' on fintech company's app

Fintech firm crosses Rs 7,000 crore in revenue as adjusted EBITDA and PAT soar; diversification into lending and broking fuels growth momentum

Fintech major PhonePe has secured the Reserve Bank of India's final approval to act as an online payment aggregator, expanding its reach to enterprises and merchants nationwide

PhonePe, Paytm, Cred end rent service: Regulator's new rules require payment aggregators to route funds only to registered merchants, impacting rent payments via credit cards

PhonePe's Indus Appstore has surpassed 10 million devices, with strong adoption in regional languages and Tier 3 cities, reflecting deep penetration among younger users

Fintechs including PhonePe, Paytm, BharatPe, and Cred roll out loans against mutual funds, offering instant, fully digital secured credit at lower capital costs for investors

RBI penalises PhonePe Rs 21 lakh for failing to report escrow shortfalls under PPI norms, marking its third penalty since 2019 over compliance issues

Fintech major PhonePe on Wednesday signed an MoU with SIDBI to offer an end-to-end digital solution through the Udyam Assist Platform (UAP) to empower micro enterprises and merchants. The collaboration aims to formalise Informal Micro Enterprises (IMEs) across India by providing them with digital-first Udyam Assist registration, which enables them to access benefits including government schemes, credit facilities, and the broader digital payments ecosystem. The MoU was signed in the presence of Union Minister for Micro, Small and Medium Enterprises, Jitan Ram Manjhi. "Our partnership with SIDBI will unlock access to government schemes, credit facilities, and crucial benefits for MSMEs and will help contribute to India's economic vision. Through PhonePe's user-friendly and efficient, end-to-end digital solution, we're not just facilitating registration, we are translating the vision of empowering small and micro businesses into a seamless digital reality," PhonePe Pending CEO Hemant

PhonePe has introduced a loans against mutual funds product with DSP Finance, offering secured credit lines up to Rs 2 crore with flexible repayment and portfolio continuity

At just Rs 181, PhonePe users can protect their homes against 20+ risks such as fire, floods, earthquakes, and theft, amongst others.