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Walmart-owned PhonePe launches UPI SIP for investing in 24K gold

Setting up a gold SIP on PhonePe is a one-time, hassle-free process and all subsequent investments are completely automated

Topics
PhonePe | Walmart | Walmart India

Peerzada Abrar  |  Bengaluru 



PhonePe
Setting up a gold SIP is a one-time, hassle-free process and all subsequent investments are completely automated

Walmart-owned digital payments firm said it has launched SIP (systematic investment plan) for investing in gold. Users can now invest in the highest purity 24K gold of a specified amount every month and accumulate their gold in insured bank-grade lockers maintained by PhonePe’s partners, MMTC-PAMP and SafeGold.

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First Published: Wed, May 25 2022. 14:46 IST

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