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4 days ago · PhonePe - Card-linked wallet solution for consumers and businesses. Acquired by Flipkart. Raised a total funding of $1.01B over 3 rounds from 23 investors. Valued at $12.7B. Founded by Sameer Nigam, Amit Narang and 2 others in the year 2012. PhonePe has 254 competitors.
7 hours ago · With over 500 million users and 37 million merchants, PhonePe holds a significant share of the UPI and Bharat Bill Pay System markets. By November 2023, its valuation was estimated at over $12 billion (more than Rs 99,400 crore), underscoring its rapid growth and influence in India's fintech landscape. Last Updated Jun 29, 2024, 10:22 AM IST.
2 days ago · According to data from the National Payments Corporation of India (NPCI), Amazon Pay is the fifth largest UPI player in India by transaction volume in May, much behind Walmart-backed PhonePe ...
3 days ago · Referring to PhonePe in Tuesday’s investor conference, the Walmart CFO said the platform has been doing about $1.5 trillion worth of total payment volume annually. “Total payment volume is the equivalent metric of GMV (gross merchandise value) in the payments business.
5 days ago · Credit card bill payments via Cred, PhonePe may face issues starting July 1. Credit card payment new rules: The RBI has directed that all credit card payments must be routed through BBPS from July 1. This decision aims to enhance the efficiency and security of the payment ecosystem. By Anshul June 24, 2024, 3:40:59 PM IST (Updated)
2 days ago · Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
3 days ago · IRCTC Rail Connect app ticket booking system now lets users make payments using PhonePe, a Flipkart-owned UPI payment and wallet app. PhonePe has come to terms...
