Logo


Walmart-backed payments firm PhonePe launches vehicle insurance service

Firm says users don't need to upload documents before making a purchase and they can view their policy documents instantly

PhonePe
PhonePe said its car and bike insurance products are also among the most affordable ones available in the market today

Walmart-owned digital payments firm PhonePe has launched insurance products for private cars and two-wheelers, partnering with Bajaj Allianz General Insurance for the service. More than 230 million registered PhonePe users can insure their vehicles in under two minutes, said PhonePe about the service. The Bengaluru-based firm said users don’t need to upload documents before making a purchase and they can view their policy documents instantly.  “This is in line with our goal to be a one-stop destination for all insurance needs of our customers,” said ...