Phonepe
PhonePe's Pincode app starts 24x7 medicine delivery in three cities
Pincode app is transforming the online pharmacy sector through exclusive partnerships with local medical shops, rather than utilising dark stores
PhonePe launches UPI Circle, payment feature that helps the 'unbanked'
'Primary user' of a UPI account can add trusted individuals to their circle by using UPI ID or QR code & authorise payments for them from anywhere
UPI down again: Google Pay, Paytm, PhonePe hit amid widespread disruption
Users reported failed payments and problems with fund transfers as the most common issues
Fintech major Paytm asks merchants to snap ties with third-party platforms
The move comes at a time when other players, including PhonePe, Cashfree Payments, and Razorpay, made similar moves nearly two months ago
PhonePe joins hands with top insurers, launches low-cost motor insurance
PhonePe is offering two-wheeler insurance with an "Own Damage Cover" starting at just Re 1 on its app
UPI services will be unavailable for some users from April 1; check here
The National Payments Corporation of India will remove IDs and users with inactive mobile numbers will be unable to use online payment applications like Google Pay, Paytm, PhonePe, etc
PhonePe Wealth launches CRISP, online tool to select mutual funds
CRISP simplifies investing decisions by converting performance, risk and portfolio data of mutual funds into actionable insights, says company
Indus Appstore to come pre-installed in all new Xiaomi smartphones in India
This multi-year alliance with Xiaomi India fosters a localised digital ecosystem tailored for Indian consumers
PhonePe clocks 600 mn registered users, adds 100 mn in past 16 months
The company claims to have a base of over 40 million merchants. It processes over 330 million transactions daily and has recorded an annualized total payment value of over Rs 150 trillion
PhonePe begins IPO process, set to become third fintech to list in 5 years
PhonePe said its "strong top line and bottom line growth" across business portfolios makes it a suitable time for public listing
PhonePe launches device tokenisation for credit and debit card transactions
This is a first among companies that have decided to offer direct solutions to customers without requiring a merchant's reliance on third-party payment orchestration platforms
PhonePe clocks record 8.1 bn UPI transactions in January, shows NPCI data
PhonePe continued to dominate the UPI ecosystem, commanding a 47.67 per cent market share, with Google Pay and Paytm holding 36.38 per cent and 6.78 per cent, respectively
PhonePe returns NBFC-AA licence, will partner with other AAs in market
PhonePe had integrated the AA service into its consumer app, allowing users to create an interoperable AA handle and access bank statements through the "check balance" feature at no cost
PhonePe to wind down account aggregator business, surrender NBFC-AA licence
Account aggregators are non-banking financial companies (NBFCs) that deliver a user's financial data from financial information providers (FIPs) to financial information users (FIUs)
UPI can grow 10 times from current base, says NPCI chief Dilip Asbe
The apex payments body recorded 16.73 billion transactions in December 2024. UPI registered over 172 billion transactions in 2024 alone
PhonePe partners with ICICI Lombard to offer Maha Kumbh Mela insurance
The Maha Kumbh Mela, expected to commence on January 13, 2025, and continue till February 26, 2025, in Prayagraj, Uttar Pradesh
