The Latest Breaking News from PhonePe

Missed the NSE IPO? Here are 5 of the largest issues in the pipeline to keep on your radar

For those who missed out on the National Stock Exchange IPO, there's a silver lining: several major public offerings are on the horizon! Set to accumulate a staggering Rs 4.27 lakh crore, companies such as Jio Platforms and PhonePe are readying their IPOs. With some firms already greenlit by Sebi…

The Economic Times · Sep 23

Big to get bigger: India's UPI fee shift to entrench dominant incumbents

PhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstein estimates, strengthening their already dominant position. The 0.4% fee on merchant transactions above Rs 2,000 could also encourage payment apps to expand in rural areas and push…

The Economic Times · Sep 22

PhonePe gets in-principle approval for two UAE payment licences

PhonePe has secured in-principle approval from the UAE central bank for two payment licences, marking its first international market entry. The company plans to work with local banks and payment firms and explore integration with domestic rails such as Aani and Jaywan once it receives final regulatory clearance.

The Economic Times · Sep 22

'No fraud' enabled through card tokenisation on mobile devices: PhonePe founder Rahul Chari

PhonePe's Rahul Chari dismissed card tokenization security concerns, stating no fraud is enabled. The company launched three new payment solutions with Visa at the Global Fintech Festival. PhonePe now offers Cross Border Scan to Pay for international transactions. It also enables micro-merchants to accept card payments using its Smart Accept…

The Economic Times · Sep 9

AI at population scale: Rahul Chari’s charter for the next 300 million

At Global Fintech Fest 2026, PhonePe co-founder and CPTO Rahul Chari laid out an AI philosophy built on intent-led experiences, engineering scale and operational efficiency.

The Economic Times · Sep 9

PhonePe’s AI strategy: What large enterprises can learn from new-age fintech

New-age fintechs are using AI to shorten development cycles, simplify customer journeys and automate complex internal processes. Their advantage lies as much in speed of execution as in the technology itself. For larger organisations, the question is how to bring that agility into established businesses without compromising scale, security or…

The Economic Times · Sep 9

PhonePe and Visa partner to bring borderless, cardless payments to Indian consumers and merchants

Announced at Global Fintech Fest 2026, the partnership positions PhonePe as India’s first app to offer a unified suite of Visa-powered cardless payment solutions for consumers and micro-merchants.

The Economic Times · Sep 9

SIP losses in the first two years? Staying invested for five years can reduce loss probability to zero: Report

A weak start does not necessarily mean an SIP will deliver poor long-term returns. A 20-year analysis by ShareMarket by PhonePe shows that most five-year SIPs recovered from weak or negative returns in the first two years, with nearly 69% eventually delivering double-digit annualised returns. The data also highlights how…

The Economic Times · Sep 4

No Internet? PhonePe’s New UPI Trick Changes Everything

For millions of Indians, making a UPI payment usually means one thing: taking out a smartphone and connecting to the internet. PhonePe is now challenging that assumption. The company has launched PhonePe UPI 123Pay, a service designed to bring UPI payments to feature phones without requiring an internet connection. PhonePe…

MyLifeXP · Sep 3

No smartphone, no internet, no problem: PhonePe launches UPI 123Pay to let 200 million+ feature phone users make digital payments; here’s how it works

PhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. The initiative targets more than 200 million users, helping expand access to digital payments across India. It supports both peer-to-peer and merchant payments using mobile numbers or UPI IDs, with…

The Economic Times · Aug 31