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PHONEPE EXPANSION PLANS
PhonePe to hire 20,000 staff, deploy 50 lakh payment devices in next yearIn an ambitious move to bolster India's digital payment landscape, PhonePe is set to hire more than 20,000 sales professionals aimed at exp...- PhonePe gets in-principle nod from UAE for first locally licensed overseas payments businessWalmart-backed PhonePe has received in-principle approval from the UAE central bank for two payments licences, paving the way for its first...
- PhonePe gets in-principle approval for two UAE payment licencesPhonePe has secured in-principle approval from the UAE central bank for two payment licences, marking its first international market entry....
- Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
- Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...
- Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
- Daily vs weekly vs monthly SIP: Does investing more frequently create more wealth?A comparative study of daily, weekly, and monthly SIPs across 5 active equity fund categories and 5 time horizons offers a clear answer.
- “Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
- Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...
- N Chandrasekaran era delivered 3.3X market cap growth. Can Tata stocks keep winning after his exit?Tata Group’s combined market value has grown 3.3-fold to Rs 22.5 lakh crore since N Chandrasekaran took charge in 2017. With his exit set f...
- Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
- Macros weigh on ecommerce sales; District CEO on growth planHappy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Mor...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- Listed fintech firms are widening revenue bets as core growth coolsIndia's fintechs are looking beyond their core businesses as growth normalises and investors seek more predictable revenue. Groww, Paytm, P...
- PhonePe to help businesses read India's market pulse in real timePhonePe has launched PhonePe PulsePro, an enterprise intelligence platform that converts aggregated and anonymised digital transaction data...
- More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
- PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
- Processed over 1 bn merchant transactions in Nov 2021, offline payments up 200 pc YoY: PhonePePhonePe said offline merchant transactions on its platform have shown 200 per cent growth since last year, and it processed over a billion ...
- PhonePe digitizes 25 million kiranas across IndiaThe company now has a merchant network across 15,700 towns and villages, constituting 99% pin codes in the country.
- PhonePe hits $20 billion annualised gross transaction run ratePhonePe is pushing its offline payment systems hard, specifically through its Bluetooth physical point of sales (PoS) terminals.
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