Offline and online merchants drive PhonePe deals past the two-billion mark

PhonePe which competes with Amazon Pay, Google Pay and Paytm is currently accepted at over 3 mn merchant outlets across 130 cities. It crossed the one billion deal milestone in November 2018

Walmart-owned digital payments firm PhonePe on Monday said that it has crossed the two billion digital payment transaction mark on the app. This milestone was led by growth across large and small offline and online merchants across the country, the company said. 

PhonePe which competes with Amazon Pay, Google Pay and Paytm is currently accepted at over 3 million merchant outlets across 130 cities in India. The company which is currently helmed by Sameer Nigam had crossed the one billion transactions milestone in November 2018. The firm has over 150 million users.