India's largest UPI payments platform processing 50%+ of all digital transactions
PhonePe is India's largest digital payments platform by transaction volume, processing over 50% of all UPI transactions. Spun off from Flipkart and now backed by Walmart, PhonePe has expanded beyond payments into insurance, mutual funds, and lending. The company is building a comprehensive financial services ecosystem on top of India's UPI infrastructure.
PhonePe's dominance of India's UPI ecosystem makes it the gateway to financial services for hundreds of millions of Indians entering the digital economy.
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