PhonePe Current Affairs, GK & News

PhonePe’s Pulse Report on Digital Payments

India’s leading Fintech platform, PhonePe, which has now 300 million users, has introduced an interactive website called PhonePe Pulse, comprising of data, insight and key trends on virtual payments. Key Points PhonePe Pulse website features millions of transactions done by clients on an interactive map of India. PhonePe’s data was introduced with the aim of ..

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PhonePe to serve as Direct Insurance Broker

India’s fastest growing Insurtech company, PhonePe, announced it has got an Insurance Broking license issued from the Insurance Regulatory and Development Authority of India (IRDAI) and it will now serve as Direct Insurance Broker. Highlights PhonePe entered the Insurtech sector in the year 2020 with a limited insurance ‘corporate agent’ license. This license had restricted ..

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PhonePe- Flipkart to launch contactless ‘Scan and Pay’ feature

Digital payments platform PhonePe has tied hands with Flipkart to launch a contactless ‘Scan and Pay’ feature for Flipkart’s pay-on-delivery orders. Key Points Dynamic QR code solution of PhonePe will enable customers, to pay digitally through UPI Apps during the delivery of product, who earlier opted for cash on delivery. This feature will help in ..

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Flipkart to acquire Cleartrip

Flipkart recently announced that it is to acquire Cleartrip.  Cleartrip is a leading online travel and technology company. About Cleartrip Cleartrip was founded in 2006. The company books train and flight tickets, hotel reservations and other activities in India and in middle east countries. The company has offices in Saudi Arabia, UAE, India and Egypt. ..

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Digital India: India leads in Digital Payments

The UK based payments system company ACI recently released a report on digital payments. According to the report, India has the highest number of real-time online transactions in 2020. Key Findings of the Report The Digital payment market of India is led by Paytm, PhonePe, BharatPe, Pine Labs, etc. The UPI (Unified Payment Interface) transaction ..

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