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PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [ 5 ] [ 6 ] It was founded in December 2015, [ 7 ] [ 2 ] by Sameer Nigam, Rahul Chari and Burzin Engineer. [ 8 ]
The following is a list of notable online payment service providers and payment gateway providing companies, ... PhonePe: Online, POS, Mobile, QR: India: PlaySpan ...
On 29 March 2024, PhonePe announced that its users can pay with UPI at NeoPay terminals. The currency exchange rate will be shown and customers' accounts will be debited in Indian rupees. To make payments easier, Indians living abroad who have mobile numbers in the UAE can download the PhonePe app and link their current NRE and NRO accounts.
Paytm, Walmart-backed PhonePe and Google Pay dominate India's online payments market. Consultancy firm PwC estimates the transaction value for the market to double to 593 trillion rupees in fiscal ...
Meanwhile, PhonePe brings in $1.6 trillion in total payment volume per year. The company expanded beyond its initial payments app to a marketplace for secured loans, including car and business loans.
This page was last edited on 26 January 2021, at 12:08 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Instead of paying with cash, cheque, or credit card, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, [ 1 ] it is only in the 21st century that the technology to support such systems has become ...
PhonePe is a digital payments company headquartered in Bangalore, India. PhonePe was founded in December 2015[1], by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app went live in August 2016, and has been built on Unified Payments Interface (UPI). (Suggestion to add more details on what the PhonePe app lets a user do.)