* Big milestone reflective of PhonePe’s rapid growth and wide adoption across India
* Ramp-up to 1 Billion transactions has come in 26 months, fastest transactions growth witnessed in the Fintech-Payments space in India
Online shopping in India comes with its share of quirks, making it a unique market compared to many others in the world. There is great scope for improvement in the Indian online shopping experience, but to overcome the hurdles, we need India-specific solutions. At Flipkart’s ‘Hackday,’ every idea is welcome and has the potential to make online shopping in India better.
UPI Transaction Volumes only tell half the story. A balanced scorecard of UPI should also include Total Transactions, Number of unique customers as well as the implied metrics of Average Transaction Value (ATV) and Average Transactions per Customer (ATPC). Neck to neck, here's how the PhonePe-Paytm numbers stack up.
Demonetization blues? ATM queues? Kiss them goodbye and say hello to PhonePe, Flipkart’s mobile payments app based on the government-backed Unified Payment Interface (UPI) platform. It’s cool, convenient and hassle-free. And, even better, it’s free!
Tired of waiting in ATM queues for cash? It’s time you switched to PhonePe, the UPI app from Flipkart. For starters, play this quiz! Ten lucky winners will take home Flipkart Electronic Gift Vouchers (EGVs) worth ₹500 each!
In the news this week - Flipkart's PhonePe launches. Read what people have to say about the new payment interface | Growth Capital initiative from Flipkart broadens horizon for sellers | New wearables from Samsung other stories
The news this week: Guess who's selling nearly half of all the smartphones sold online in the country? Flipkart acquires Bangalore-based mobile payments startup, PhonePe. Flipkart Cooling Days launched. And more...