Phonepe

PhonePe, Google Pay command 82% of UPI transaction volumes

PhonePe, Google Pay command 82% of UPI transaction volumes

11 Jul 2025, 16:58 PM

PhonePe topped the list, processing 8.55 billion transactions worth Rs 11.99 lakh crore, securing a 46.5% share by volume and nearly half the total transaction value.

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

23 Jun 2025, 16:45 PM

The IPO is expected to value the Walmart-backed digital payments company at nearly $15 billion.

PhonePe acquires Gupshup

PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

06 Jun 2025, 16:50 PM

The GSPay acquisition will be integrated with PhonePe's existing services, leveraging the UPI 123PAY platform developed by NPCI.

BillDesk co-founder MN Srinivasu is new IAMAI chairman

BillDesk co-founder MN Srinivasu is new IAMAI chairman

13 May 2025, 15:01 PM

Razorpay CEO Harshil Mathur and PhonePe CEO Sameer Nigam have been appointed vice chairman and treasurer of the industry body, respectively.

PhonePe system faced UPI payment failures due to tech glitch

PhonePe system faced UPI payment failures due to tech glitch

13 May 2025, 13:25 PM

PhonePe co-founder Rahul Chari said that the company has initiated active DR drills, with heightened cybersecurity measures on its network firewall.

PhonePe becomes public entity ahead of its $15-billion IPO

PhonePe becomes public entity ahead of its $15-billion IPO

20 Apr 2025, 21:08 PM

The firm's name has now been updated from “PhonePe Private Limited” to “PhonePe Limited”.

PhonePe launches UPI Circle

PhonePe launches UPI Circle

16 Apr 2025, 10:45 AM

With UPI Circle, a UPI account holder can add their family/trusted individuals to their circle using UPI ID/QR code and authorize payments for them.

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

02 Apr 2025, 11:37 AM

Razorpay, Cashfree, Paytm, and PhonePe are taking control back, ditching third-party routers. But what about merchants—are they embracing the change or caught in the chaos?

Telling merchants

Telling merchants 'I will not support you through a router' is absurd: Juspay co-founders

26 Mar 2025, 09:28 AM

Back in January, Juspay founder Vimal Kumar and co-founder Sheetal Lalwani spoke exclusively with us in an hour-long chat around the shifting dynamics of India's payments ecosystem.

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 19:16 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

Indus Appstore to come pre-installed in all Xiaomi India devices

Indus Appstore to come pre-installed in all Xiaomi India devices

13 Mar 2025, 18:17 PM

As part of the partnership, Indus Appstore will come pre-installed on Xiaomi India devices and replace Getapps on all existing devices.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

PhonePe kicks off IPO preparations

PhonePe kicks off IPO preparations

20 Feb 2025, 23:25 PM

Two years after concluding its reverse flip from Singapore to India, payments major PhonePe said it has started preparations for IPO in India.

PhonePe plans to surrender account aggregator (NBFC-AA) licence

PhonePe plans to surrender account aggregator (NBFC-AA) licence

07 Feb 2025, 21:31 PM

The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.

Exclusive: Razorpay, Cashfree discontinue payment processing via Juspay

Exclusive: Razorpay, Cashfree discontinue payment processing via Juspay

20 Jan 2025, 16:32 PM

"We have decided to discontinue our PA/PG support with third-party routing platforms, effective 30th April 2025," Razorpay said.

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

10 Jan 2025, 00:18 AM

The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

02 Jan 2025, 18:48 PM

Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.

PhonePe ends partnership with Juspay; plans direct integrations with merchants

PhonePe ends partnership with Juspay; plans direct integrations with merchants

02 Dec 2024, 17:47 PM

Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.

After Flipkart, Binny Bansal steps down from PhonePe board

After Flipkart, Binny Bansal steps down from PhonePe board

30 Nov 2024, 18:26 PM

Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.

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