PhonePe eyes to become Super App like WeChat in China

This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform

In 2017, Sameer Nigam, founder and CEO of digital payments company PhonePe, flew to China with his team. He visited the office of WeChat, China’s ubiquitous messaging and payments platform, owned by technology giant Tencent. He also roamed around Shenzhen in China to see how offline market was adopting the QR codes. 

“It is so surreal. Everywhere you go, there are QR codes. WeChat and (Alibaba-backed Ant Financial’s) Alipay are accepted everywhere,” Nigam told Business Standard. WeChat has 1.1 billion monthly active users and it has over one million apps as part of its ‘mini programme’ initiative, which allows users