New Delhi, Feb 19 (IANS) In the decade since its inception, PhonePe has transitioned from a daring UPI pioneer into what many call a ‘fully diversified fintech platform’.With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore spanning metros to remote villages, PhonePe’s expansion reflects a strategy centered on specific use cases and scalable infrastructure.PhonePe’s success wasn’t built on a single ‘eureka’ moment, but on solving the ‘small-tick…
Latest merchants News & Updates
New Delhi, Feb 16 (IANS) UPI has emerged as the most preferred mode of payment, accounting for 57 per cent of total payment transactions in India, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to an independent study commissioned by the Finance Ministry.Digital payments now dominate everyday transaction behaviour, with 65 per cent of UPI users reporting multiple digital transactions per day. Preference for UPI is particu…
New Delhi, Jan 11 (IANS) The Indian Navy’s INSV Kaundinya, which embarked on its maiden voyage from Porbandar (Gujarat) to Muscat in Oman, is sailing strongly in the high seas and is believed to have completed two-thirds of its journey while bracing for encountering oil tankers as it enters a heavy traffic corridor, said an official on Sunday.Unlike the modern vessels, the INSV Kaundinya is a ‘stitched’ ship and has no engine, no metal nails, and no modern propulsion. It depends entirely on wind…