According to PhonePe, users would now be able to make payments in foreign currencies directly from their bank accounts, similar to international debit cards.
Establishing these businesses as individual entities will allow both to chart their own growth paths, as they continue building industry-leading offerings that provide access and inclusion for Indians, the joint statement of companies said.
In what has become a huge catalyst towards promoting as many transactions that can take place through digital means, the Digital India campaign has empowered the common citizen with the widespread use of technology on that front.
Earlier this month, Flipkart-backed Indian payments service company PhonePe announced that it had completed the move of its headquarters from Singapore to India. This is a rather unusual move as many Indian startups are doing the reverse and prefer to be headquartered in Singapore due to
New Delhi [India], November 29 (ANI/Mediawire): In March this year, PhonePe announced its Diversity & Inclusion initiative with the first phase focusing on gender, sexual orientation and people with disability (PWD).
Bengaluru (Karnataka) [India], Aug 30 (ANI): Digital payments platform PhonePe said on Monday it has been issued an insurance broking license from the Insurance Regulatory and Development Authority of India (IRDAI).
Bengaluru (Karnataka) [India], July 5 (ANI): Digital payments platform PhonePe said on Monday it has partnered with e-commerce marketplace Flipkart to launch contactless scan and pay for pay-on-delivery orders.
Singapore, June 28 (ANI/PRNewswire): With respect to Affle Global Pte. Ltd. ("AGPL") minority shareholding in OSLabs Pte. Ltd. ("OSLabs" or "Indus OS"), AGPL finds that 100+ media stories were reported mostly with PhonePe's bias on the OSLabs related matters including PhonePe's alleged 92
Bengaluru (Karnataka) [India], April 30 (ANI): Global retailer Walmart is mobilising its global resources to further expand support for Covid-19 relief efforts in India.
Bengaluru (Karnataka) [India], April 8 (ANI): India's leading digital payments platform PhonePe said on Thursday that coronavirus insurance has seen widespread adoption lately with 75 per cent of its policies bought by customers in smaller towns outside the tier-1 cities.
Bengaluru (Karnataka) [India], March 18 (ANI): PhonePe said on Thursday it has taken up six different sponsorships for IPL 2021 and is an official co-presenting sponsor for broadcast on Star Sports Network.
Bengaluru (Karnataka) [India], March 17 (ANI): Digital payments platform PhonePe claimed on Wednesday that it has emerged as the largest player on UPI merchant (P2M) transactions capturing over 42 per cent of overall market share.