PhonePe

About PhonePe

Website	https://www.phonepe.com
Employees	11-50 employees View all PhonePe employees
Industry	Computer Software
Location	Green Glen Layout Road, PhonePe Private Limited Office-2, Floor 4,5,6,7, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur Bengaluru, Karnataka-KA, Pincode- 560103, Bengaluru East, Karnataka 560103, IN
Information	PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 46+ crore (460+ Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.5+ crore (35+ Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% pin codes in the country. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe has been recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report for two consecutive years (2022 & 2023) by Trust Research Advisory (TRA).

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Frequently Asked Questions about PhonePe

Who is the CEO of PhonePe?

Ritesh Pai is the CEO of PhonePe. To contact Ritesh Pai email at [email protected], [email protected] or [email protected]. Or you may call 919867039396

Who are the decision makers in PhonePe?

The decision makers in PhonePe are Aniket Sinha, Ca Madhuri Gothoskar, Bharat Saraf, etc. Click to Find PhonePe decision makers emails.

What services does PhonePe offer for digital payments?

PhonePe offers a wide range of digital payment services including mobile recharges, utility bill payments, money transfers, and online shopping payments. Users can also make payments at local merchants using the PhonePe app, which supports UPI (Unified Payments Interface) transactions, allowing for instant money transfers between bank accounts.

How does PhonePe ensure the security of transactions?

PhonePe employs multiple layers of security to protect user transactions. This includes end-to-end encryption, two-factor authentication, and regular security audits. Additionally, the app is compliant with the guidelines set by the Reserve Bank of India (RBI) and uses secure servers to safeguard user data and financial information.

Can I use PhonePe for international transactions?

Currently, PhonePe primarily supports domestic transactions within India. International transactions are not supported at this time. However, users can make payments to merchants who have partnered with PhonePe for cross-border services, but these are limited and subject to specific terms and conditions.

What industries does PhonePe cater to?

PhonePe caters to a variety of industries including retail, e-commerce, travel, and hospitality. The platform enables businesses in these sectors to accept digital payments easily, enhancing customer experience and streamlining operations. Additionally, PhonePe provides solutions for small and medium enterprises (SMEs) to facilitate seamless transactions.

How can merchants integrate PhonePe into their payment systems?

Merchants can integrate PhonePe into their payment systems by signing up for a PhonePe merchant account. Once registered, they can access the PhonePe API and SDKs, which provide the necessary tools to incorporate PhonePe as a payment option on their websites or mobile apps. PhonePe also offers support and documentation to assist merchants throughout the integration process.

What are the benefits of using PhonePe for peer-to-peer (P2P) payments?

Using PhonePe for peer-to-peer payments offers several benefits, including instant money transfers, no transaction fees, and the convenience of sending money using just a mobile number or UPI ID. The app also allows users to split bills, request money from friends, and track their transaction history easily, making it a user-friendly solution for personal finance management.