Page 14 - Phonepe

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.

PhonePe withdraws petition against BharatPe's Postpe, to file fresh suit

Fintech major PhonePe has withdrawn its petition against BharatPe's Buy Now Pay Later (BNPL) Postpe platform which had alleged violation of PhonePe's trademark and said it will file a fresh suit. PhonePe had approached the Bombay High Court seeking an injunction to restrain Resilient Innovations, which operates BharatPe, from misusing PhonePe's registered trademarks by using and promoting the marks 'PostPe'/'postpe', PhonePe said in a statement on late Friday night. During the hearing, the Court observed that the mark PostPe adopted by Resilient Innovations is so phonetically, structurally and visually similar to PhonePe mark that it also thought that PostPe/postpe is a natural evolution of the word PhonePe and emanated from PhonePe, the statement added. "However, to address certain observations made by the Court in the pleadings filed by PhonePe, the suit was withdrawn with liberty to file a fresh suit challenging the adoption of mark PostPe/postpe by Resilient Innovations," PhoneP

PhonePe files and pulls back copyright petition against BharatPe's postpe

Customers can download the postpe app from Play Store and avail interest-free credit limit of up to Rs 10 lakh

PhonePe starts charging processing fee on mobile recharges via UPI

The company is the first digital payments app to have started charging for UPI-based transaction which is being offered for free by its competitors

Total value of transactions grew 23.3% QoQ to Rs 921,674 cr: PhonePe Pulse

Offline merchant payments grew faster than online merchant payments

PhonePe's revenue grew 85% to Rs 690 cr in FY21, losses drop by 44%

The 85% YoY revenue growth was due to a rise in transactions. PhonePe has a lion's share of the volumes on United Payment Interface and Bharat Bill Payment System

Fintech's 'buy now, pay later' credit for kiranas is changing livelihoods

Even small shops can now access large and organised wholesalers, as they buy credit responsibly.

Who are the biggest beneficiaries of India's digitisation drive in Covid?

When the JAM trinity was announced in 2014, the idea was to link mobile phones with Aadhaar and bank accounts. After UPI and wallets, now we have BharatQR and e-Rupee. Who has gained most from these?

Flipkart, Amazon, BigBasket witnessing spectacular growth: PhonePe CEO

As the acceptance of digital payments have exploded in the country, Walmart-owned PhonePe is expecting its userbase to grow from 300 million to 900 million by 2026

PhonePe received a million UPI autopay mandates in past three months

Launched last year, UPI Autopay allows users to set up recurring e-mandates for recurring payments such as mobile bills, power bills, EMIs, OTT subscriptions, insurance, MF among others

Indians embrace digital: Over 300 mn smartphone users use digital payments

From 'tankhwa' and 'kiraya', for 'shagun' and 'jugaad', digital payment is a pan-India habit

Not worried about rivals, says PhonePe's Nigam after opening data for all

PhonePe has launched PhonePe Pulse, India's first interactive platform with data, insights and trends on digital payments. Nigam said firm has made privacy topmost concern while designing Pulse