PhonePe investing 200 million dollar on data centres
Speaking to reporters after the launch of a data centre facility at Navi Mumbai, Chari said PhonePe will be investing USD 200 million in data centres. He said the company has already invested USD 150 million but did not specify a timeline for investing the remaining USD 50 million.
Oct 20, 2022, 16:00 PM IST
PhonePe IPO: Company moves domicile from Singapore to India; ESOPs for 3000 employees approved
Over the past year, PhonePe has moved all businesses and subsidiaries including Insurance Broking Services and Wealth Broking businesses of PhonePe Singapore to PhonePe Pvt Ltd - India.
Oct 04, 2022, 10:44 AM IST
PhonePe files complaint against ex-employees for burning QR codes, Paytm responds
While some of the employees responsible for the act had joined Paytm earlier this year, sources revealed that the incident was a result of a personal grudge between them and their previous employer, and had nothing to do with leading digital payments company Paytm.
Aug 02, 2022, 09:52 AM IST
Phonepe to acquire wealth management platforms Wealthdesk, Open IQ for $75 million
PhonePe said is acquiring two wealth management platforms WealthDesk and Open IQ.
May 18, 2022, 23:33 PM IST
PhonePe, GPay, Paytm has a new rival; but customers' kitty may have more returns
Using Cred, customers will now be able to do mobile, DTH, and FASTtag recharges.
Apr 01, 2022, 18:12 PM IST
CBI books EPFO officials for shocking conduct! UAN, Password, OTPs shared with private PF consultants
On getting an input that some EPFO officials are indulging in gross misconduct, the central probe agency had carried out joint surprise check with EPFO vigilance department in regional office in Guntur during which it seized the mobile phones of some employees with their consent.
Feb 03, 2022, 09:07 AM IST
PhonePe clarifies its stand on processing fee, here's what it says on UPI money transfers, offline, online payments
The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.
Oct 26, 2021, 13:20 PM IST
PhonePe vs BharatPe: PhonePe withdraws petition against Postpe to file fresh suit
PhonePe has withdrawn its petition against BharatPe's Buy Now Pay Later (BNPL) Postpe platform which had alleged violation of PhonePe's trademark and said it will file a fresh suit.
Oct 23, 2021, 18:25 PM IST
Recharging mobile via PhonePe? Get ready to pay small processing fee, check details
PhonePe has started charging processing fees on mobile recharges done for recharges above Rs 50.
Oct 22, 2021, 19:30 PM IST
PhonePe big festive offer! Get assured cashback on mobile recharges— Here's how to avail the offer
Users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold and make investments via PhonePe platform.
Oct 22, 2021, 16:52 PM IST
PhonePe gets $50 mn from China’s Tencent, plans to use funds out of India: Report
PhonePe is raising USD 700 million in primary capital at a post-money valuation of USD 5.5 billion from existing Flipkart investors led by Walmart.
Aug 18, 2021, 20:49 PM IST
PhonePe files complaint with SEBI against unethical actions by Ventureast in IndusOS deal
PhonePe has also filed a case against Affle and Ventureast (another IndusOS investor) in a Singapore court. The lawsuit claims that VPF "deliberately deceived" PhonePe, by continuing to engage PhonePe and OSLabs on the sale of its shares.
Jun 12, 2021, 20:52 PM IST
Money lying idle in different mobile wallets? Here’s why RBI’s interoperability rule is the best thing for you
Mobile wallet interoperability will allow customers to send and receive money from various mobile wallets.
May 22, 2021, 11:04 AM IST
Paytm, PhonePe, Google Pay mobile wallets to become interoperable, here’s what it means
Only PPI for Mass Transit Systems (PPI-MTS) has been exempted from interoperability. RBI said that GIFT PPI issuers have the option to offer interoperability.
May 20, 2021, 16:01 PM IST
BHIM UPI transactions down at Rs 4.94 lakh crore in April
UPI had recorded 2.73 billion or 273 crore transactions which amount to Rs 5,04,886 crore in March. While the total transactions fell down in April, the daily transaction volume for UPI remained the same in the last two months with about 88 million transactions.
May 02, 2021, 10:40 AM IST
Invest in gold for as low as Re 1! Check out PhonePe's digital gold facility
Buyers can use UPI/Debit Card/Credit Card/Wallet to complete their transaction on PhonePe.
Nov 24, 2020, 18:22 PM IST
Ola customers across India can now use PhonePe to pay for their rides
As part of our introductory offer, customers can avail up to Rs 200 in cashback on the first two rides when paid using PhonePe.
Jul 07, 2020, 12:19 PM IST
Digital payments by Indians rise by 42 per cent during COVID-19 lockdown: Report
Digital payment platforms have been widely used for buying essentials and mobile recharges during the lockdown, according to a survey of 42,000 respondents done by consultancy firm Local Circles
Apr 14, 2020, 17:19 PM IST
PhonePe services hit as partner Yes Bank put under moratorium
PhonePe founder & CEO of the company confirmed that the outage is a result of the placement of Yes Bank under the moratorium.
Mar 06, 2020, 15:53 PM IST
PhonePe, Paytm have till February 2020 to update KYC
The deadline for mobile wallets to become full KYC compliant was earlier set to end on August 31. But on August 30 the RBI extended the deadline by six more months, with the warning that no further extension would be granted.
Sep 02, 2019, 15:07 PM IST
