Page 13 - Phonepe

PhonePe plans to fill 2800 positions in 12 mths, to hire across functions

The Walmart-owned fintech firm is focused on doubling employee strength to about 5400.

Data breach: Business models of payment platforms under RBI scrutiny

Seeks info on lending ops after cases of data breach

PhonePe acquires GigIndia, top network for freelance micro-entrepreneurs

Transaction value not disclosed; GigIndia to bring 1.5 million entrepreneurs and over 100 enterprises on its platform as part of its integration with PhonePe under the deal

Walmart not keen on retail stores in India; to focus on Flipkart, PhonePe

American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India

PhonePe, NITI Aayog announce FinTech Open Hackathon winners

The first prize was awarded to a hack called BizFiz, a solution for MSMEs to make loan application processes easier and make the process of loan underwriting easier for banks.

PhonePe, NITI Aayog partner up to launch fintech open hackathon

The hackathon will provide an opportunity for innovators, digital creators and developers from all over India to think, ideate and code.

Value of transactions on PhonePe in Q4CY21 grew 26% sequentially to $155 bn

PhonePe platform drove a cumulative 6.63 billion transactions in Q4, according to key digital payment trends from PhonePe Pulse Q4 2021

PhonePe applies for MF license, joins six other fintechs awaiting Sebi nod

Most players are trying to establish a certain niche to gain a foothold into the Rs 38-trillion MF industry which has around 45 AMCs

PhonePe logs annualised TPV of $651 bn, crosses 350 mn user-mark

The registered user base has grown 28 per cent from 273 million in January to 350 million in December 2021

PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay

The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms

Walmart-owned PhonePe digitises 25 mn merchants, kirana stores across India

The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year

Processed 1 bn transactions last month, offline payments up 200%: PhonePe

Digital payments major PhonePe on Monday said offline merchant transactions on its platform have shown 200 per cent growth since last year.

PhonePe launches health insurance plans for young first-time buyers

PhonePe said offering is a first of in Indian digital payments space, offers comprehensive health cover at an affordable price; involves simple 3-step process

Fintech start-up PhonePe to buy back ESOPs worth Rs 135 cr from employees

In Dec last year, PhonePe launched a program to allot ESOPs to its 2,200 employees starting at a minimum of Rs 3.5 lakh, cumulatively worth Rs 1,500 crore

Digital payments firm PhonePe crosses 2-bn mark in monthly transactions

PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond

Delhi HC dismisses BharatPe pleas seeking removal of PhonePe trademarks

Petitions were frivolous and baseless, and an attempt to divertthe court's attention from its own misuse of PhonePe's trade marks, says Walmart-owned digital payments firm

PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms

The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort

PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms

The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort

BharatPe approaches Delhi HC against PhonePe's over multiple registrations

The Delhi-based firm has filed six cancellation actions against multiple registrations held by its rival PhonePe.

All UPI money transfers, offline, online payments on PhonePe are free

The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.