Company
PhonePe
PhonePe is an Indian digital payments and financial services company that operates a UPI-based mobile application and facilitates online transactions, merchant payments, and other financial services.
Why it’s in the news: It is in the news due to its significant expansion plans, including a major hiring drive to grow its merchant network in rural India and its entry into the UAE market.
Latest on PhonePe
- How AI Is Helping PhonePe Improve Efficiency & Cut Costs
- Apple Pay launches in India to take on PhonePe, Google
- PhonePe plans 20,000 new hires to expand merchant network in rural India
- PhonePe to hire 20k frontline sales person for Bharat market
- PhonePe's Ritesh Pai explains what the platform will offer consumers, merchants in UAE
- PhonePe secures in-principle approval for UAE operations
- PhonePe will compete with existing fintech firms in the UAE market.
- The company plans to launch digital payments and remittance services in the United Arab Emirates.
- India's PhonePe received initial approval from the UAE Central Bank on June 25 for payment service licences.
- With greater clarity around the monetisation of UPI payments following' the introduction of a new Merchant Discount Rate (MDR) framework
- [via Flipkart]
- Wikidata: Flipkart — capital ownership — PhonePe
Connections
54 entities linked to PhonePe across the news graph.
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FlipkartHow AI Is Helping PhonePe Improve Efficiency & Cut CostsPhonePe plans 20,000 new hires to expand merchant network in rural IndiaPhonePe's Ritesh Pai explains what the platform will offer consumers, merchants in UAEPhonePe secures in-principle approval for UAE operationsIndia's PhonePe gets initial UAE central bank nod for payment licencesClean Label Brands Vs FSSAI, PhonePe Eyes 2027 IPO & MoreSachin BansalBinny BansalUnited Arab Emiratesartificial intelligenceautomationUAE Central BankMDRPulsePro datanational infrastructure planningeconomic analysisstartupsApple PayIndiaAppleGoogleBharatSEC