Flipkart-owned PhonePe clocks 42.4 million UPI transfers

BENGALURU: Flipkart-owned payments instrument PhonePe has clocked 42.4 million transactions on Unified Payments Interface in April, said the company in a note to the press.

In terms of value, the total amount of money transferred in April through the PhonePe app stood at Rs 8,100 crore against Rs 6,600 crore in March, a jump of 22%.