New Delhi, April 17 (IANS) This Akshaya Triritya, PhonePe enables users to embrace the tradition of buying gold with its seamless, secure, and transparent Digital Gold offering. Users can purchase 99.99 per cent purity-certified 24K Digital Gold on the PhonePe platform, from leading and trusted players in the digital gold space such as MMTC-PAMP, SafeGold and Caratlane.For added convenience, users can even choose to pay through multiple modes of payment such as UPI, UPI Lite, credit & debit …
Latest PhonePe News & Updates
New Delhi, April 6 (IANS) Digital payments platform PhonePe on Monday announced a limited-period offer on its newly launched co-branded credit card with State Bank of India.The PhonePe SBI Card is being offered with zero joining fee for the first year, allowing customers to access its benefits without any upfront cost.“Users can enjoy the premium benefits of the card at no cost for the first year,” the fintech platform said.The card, available on both RuPay and Visa platforms, is tailored fo…
New Delhi, April 1 (IANS) India’s digital payments ecosystem saw a strong comeback in March 2026, with the Unified Payments Interface (UPI) registering its highest-ever monthly transaction volume since its launch in 2016, according to data released by the National Payments Corporation of India on Wednesday.UPI processed 22.64 billion transactions in March, marking a sharp rise from 20.39 billion transactions recorded in February. The March figure also surpassed the previous high of 21.70 billi…
Hyderabad, March 31 (IANS) DRI and Customs officials at Rajiv Gandhi International Airport here seized hydroponic weed valued at about Rs. 8.9 crore from two Indian passengers who arrived from Bangkok. Officials of the Directorate of Revenue Intelligence (DRI) and Air Intelligence Unit A(IU) of Customs seized 25.45 kilograms of hydroponic weed.Acting on an intelligence input, they detained two passengers arriving from Bangkok on Flight FD-118. During baggage checks, the officials found multiple …
Jaipur, March 19 (IANS) Amid rising demand and fears of an LPG cylinder shortage in Rajasthan, cyber fraudsters have intensified efforts to dupe residents, prompting the Rajasthan Police to issue a statewide advisory.The Cyber Crime Branch has cautioned citizens against a surge in online scams linked to gas bookings and subsidy services, acting on the directions of Director General of Police Rajiv Kumar Sharma.Deputy Inspector General (DIG), Cyber Crime, Shantanu Kumar Singh, said that fraudster…
New Delhi, Feb 24 (IANS) Financial disclosures filed by PhonePe indicate a marked improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signalling a shift in the company’s financial trajectory amid India’s evolving fintech landscape.According to the Draft Red Herring Prospectus (DRHP), PhonePe’s revenue from operations increased from ₹29,142.87 million in FY23 to ₹71,148.58 million in FY25, representing a compound annual growth rate …
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…
New Delhi, Feb 13 (IANS) The Delhi High Court has dismissed an anticipatory bail plea filed by a woman accused of trafficking a minor from her native village and employing him in the sale of illicit liquor in the national capital. A single-judge Bench of Justice Girish Kathpalia denied relief to the accused, Savitri, in connection with an FIR registered at Sangam Vihar police station for offences under Section 33 of the Delhi Excise Act, 2009, Section 78 of the Juvenile Justice Act, 2015, and Se…
New Delhi, Jan 13 (IANS) PhonePe launched its co-branded Credit Card in June last year, marking its foray into the co-branded card segment. Today’s credit card users are looking beyond occasional big-ticket rewards and focusing on value from everyday transactions — and the recently launched PhonePe HDFC Ultimo Credit Card is built to deliver exactly that.The idea behind the card is simple. Instead of needing complex strategies to earn rewards, the PhonePe HDFC Ultimo card focuses on everyday …
New Delhi, Jan 10 (IANS) PhonePe Payment Gateway (PhonePe PG) on Saturday announced the launch of ‘PhonePe PG Bolt’ for Visa and Mastercard Credit and Debit card transactions.The solution utilises device tokenisation to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners.This feature allows users to tokenise their Mastercard and Visa cards once on the PhonePe app, enabling them to use their saved cards across any merchant integrated with…