Page 2 - Phonepe
PhonePe applies for MF license, joins six other fintechs awaiting Sebi nod
Most players are trying to establish a certain niche to gain a foothold into the Rs 38-trillion MF industry which has around 45 AMCs
 "PhonePe applies for MF license, joins six other fintechs awaiting Sebi nod")
PhonePe logs annualised TPV of $651 bn, crosses 350 mn user-mark
The registered user base has grown 28 per cent from 273 million in January to 350 million in December 2021
 "PhonePe logs annualised TPV of $651 bn, crosses 350 mn user-mark")
PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay
The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms
Walmart-owned PhonePe digitises 25 mn merchants, kirana stores across India
The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year
Processed 1 bn transactions last month, offline payments up 200%: PhonePe
Digital payments major PhonePe on Monday said offline merchant transactions on its platform have shown 200 per cent growth since last year.
PhonePe launches health insurance plans for young first-time buyers
PhonePe said offering is a first of in Indian digital payments space, offers comprehensive health cover at an affordable price; involves simple 3-step process
Fintech start-up PhonePe to buy back ESOPs worth Rs 135 cr from employees
In Dec last year, PhonePe launched a program to allot ESOPs to its 2,200 employees starting at a minimum of Rs 3.5 lakh, cumulatively worth Rs 1,500 crore
 "Fintech start-up PhonePe to buy back ESOPs worth Rs 135 cr from employees")
Digital payments firm PhonePe crosses 2-bn mark in monthly transactions
PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond
Delhi HC dismisses BharatPe pleas seeking removal of PhonePe trademarks
Petitions were frivolous and baseless, and an attempt to divertthe court's attention from its own misuse of PhonePe's trade marks, says Walmart-owned digital payments firm
PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms
The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort
PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms
The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort
BharatPe approaches Delhi HC against PhonePe's over multiple registrations
The Delhi-based firm has filed six cancellation actions against multiple registrations held by its rival PhonePe.
 "BharatPe approaches Delhi HC against PhonePe's over multiple registrations")
All UPI money transfers, offline, online payments on PhonePe are free
The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.
PhonePe withdraws petition against BharatPe's Postpe, to file fresh suit
Fintech major 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. PhonePe had approached the Bombay High Court seeking an injunction to restrain Resilient Innovations, which operates BharatPe, from misusing PhonePe's registered trademarks by using and promoting the marks 'PostPe'/'postpe', PhonePe said in a statement on late Friday night. During the hearing, the Court observed that the mark PostPe adopted by Resilient Innovations is so phonetically, structurally and visually similar to PhonePe mark that it also thought that PostPe/postpe is a natural evolution of the word PhonePe and emanated from PhonePe, the statement added. "However, to address certain observations made by the Court in the pleadings filed by PhonePe, the suit was withdrawn with liberty to file a fresh suit challenging the adoption of mark PostPe/postpe by Resilient Innovations," PhoneP
PhonePe files and pulls back copyright petition against BharatPe's postpe
Customers can download the postpe app from Play Store and avail interest-free credit limit of up to Rs 10 lakh
PhonePe starts charging processing fee on mobile recharges via UPI
The company is the first digital payments app to have started charging for UPI-based transaction which is being offered for free by its competitors
Total value of transactions grew 23.3% QoQ to Rs 921,674 cr: PhonePe Pulse
Offline merchant payments grew faster than online merchant payments
 "Total value of transactions grew 23.3% QoQ to Rs 921,674 cr: PhonePe Pulse")
PhonePe's revenue grew 85% to Rs 690 cr in FY21, losses drop by 44%
The 85% YoY revenue growth was due to a rise in transactions. PhonePe has a lion's share of the volumes on United Payment Interface and Bharat Bill Payment System
Fintech's 'buy now, pay later' credit for kiranas is changing livelihoods
Even small shops can now access large and organised wholesalers, as they buy credit responsibly.
 "Fintech's 'buy now, pay later' credit for kiranas is changing livelihoods")
Who are the biggest beneficiaries of India's digitisation drive in Covid?
When the JAM trinity was announced in 2014, the idea was to link mobile phones with Aadhaar and bank accounts. After UPI and wallets, now we have BharatQR and e-Rupee. Who has gained most from these?
 "Who are the biggest beneficiaries of India's digitisation drive in Covid?")
