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PhonePe

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28 Stories Indexed
Last Updated: Just Now
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Banking, Fintech & Insurance 15 Oct 2026, 10:53 AM IST

PhonePe’s Sameer Nigam Says Governance Must Match Scale as IPO, Global Push Near

At TechSparks 2026, PhonePe chief executive Sameer Nigam said the fintech company’s long-anticipated initial public offering is “hopefully not too far away,” while stressing that governance standards must evolve as quickly as product innovation. He argued that high-growth Indian startups should be run with the discipline of HDFC or SBI and built with the ambition of Google or Amazon.

By RDU Global Wire5 min read
Banking, Fintech & Insurance09 Oct 2026, 07:28 AM IST

India’s UPI Fee Shift Could Cement PhonePe, Google Pay Dominance

India’s new merchant fee regime for UPI transactions above Rs 2,000 is likely to deepen the advantage of the country’s largest payment apps, with Bernstein estimating that PhonePe and Google Pay could together generate about $900 million annually by March 2028. The policy may also accelerate expansion into rural markets and push smaller rivals toward higher-value transactions, reinforcing scale as the decisive competitive edge in digital payments.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 09:02 AM IST

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for UPI transactions above Rs 2,000 is poised to deepen the dominance of PhonePe and Google Pay, according to Bernstein estimates. By March 2028, the two market leaders could together generate about $900 million in annual revenue from the change, reinforcing their scale advantage while pressuring smaller rivals to chase higher-value payments and rural expansion.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 11:09 AM IST

India’s UPI Fee Shift May Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for high-value UPI transactions could hand the country’s largest payment apps a powerful revenue tailwind while reinforcing their market dominance. Bernstein estimates PhonePe and Google Pay could together earn about $900 million annually by March 2028, a shift that may widen the gap between incumbents and smaller rivals.

5 min readRead →
Macro Economy & Fiscal Policy04 Oct 2026, 07:52 PM IST

Robinhood’s Stock Tokens Fuel a New Wave of Meme Trading

Robinhood’s temporary tokenized stock trading has intensified a fast-moving retail market in which memecoins and stock-linked tokens are increasingly traded side by side. The development, enabled under a limited regulatory window, is raising fresh questions about market structure, investor risk, and whether prices can remain anchored to the assets they purport to track.

4 min readRead →
Markets, IPOs & Wealth04 Oct 2026, 07:09 PM IST

Researchers Warn of AI Overreach as OpenAI Debate Roils Academia and Moneyview Prepares a Bumper IPO

A fresh dispute over OpenAI’s reported progress on a long-standing mathematics problem has reignited concern among researchers about premature claims of artificial intelligence breakthroughs. At the same time, India’s startup market is watching Moneyview’s expected blockbuster listing, a reminder that investor appetite remains strong even as scrutiny of technology narratives intensifies.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 05:46 PM IST

HDFC Bank Names ICICI Veteran Anup Bagchi as Managing Director and CEO

HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with deep experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. His appointment takes effect on October 27, succeeding Sashidhar Jagdishan, whose term ends a day earlier, after receiving Reserve Bank of India approval.

5 min readRead →
India Entertainment & Culture03 Oct 2026, 08:49 PM IST

Education Ministry Approves Five Centres of Excellence for Classical Language Studies

India’s Education Ministry has approved five Centres of Excellence to advance the study, research, and preservation of classical languages, marking a significant policy push in the humanities. The initiative is expected to strengthen academic capacity, expand scholarly resources, and deepen institutional support for languages treated as part of India’s civilisational and cultural heritage.

6 min readRead →
Macro Economy & Fiscal Policy03 Oct 2026, 08:08 PM IST

Keventer, Saroj Poddar Groups Launch Rs 400-Crore Real Estate Debt Fund

Keventer Group and Saroj Poddar Group have launched a Rs 400-crore real estate debt fund aimed at financing projects in Delhi-NCR and West Bengal through secured lending. The sponsors have committed Rs 80 crore to the vehicle, which is targeting a gross internal rate of return of 18% to 22%, underscoring continued investor appetite for structured property credit in India.

6 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 08:15 AM IST

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for UPI transactions above Rs 2,000 is poised to deepen the dominance of PhonePe and Google Pay, with Bernstein estimating the two platforms could together generate about $900 million a year by March 2028. The policy may also accelerate expansion into rural markets and push smaller rivals toward higher-value payments, reshaping competition in the country’s fast-growing digital payments sector.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:42 PM IST)

India’s UPI Fee Shift May Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions could hand a major revenue windfall to the country’s largest payment apps while widening the gap between incumbents and smaller rivals. Bernstein estimates PhonePe and Google Pay could together earn about $900 million annually by March 2028, reinforcing their scale advantage as the market adjusts to the 0.4% charge on merchant payments above Rs 2,000.

5 min readRead →
Enterprise Tech, Cloud & AIJust now (10:52 AM IST)

PhonePe Uses AI to Trim Costs and Accelerate Internal Workflows

PhonePe is deploying artificial intelligence across internal operations to reduce overheads and speed up routine work, including audit processes that have reportedly been cut from four days to a fraction of that time. The move underscores how India’s leading fintech firms are using AI not just for customer-facing products, but as a lever for operating efficiency and margin discipline.

5 min readRead →
Enterprise Tech, Cloud & AIJust now (05:10 AM IST)

PhonePe Uses AI to Speed Internal Workflows and Trim Operating Costs

PhonePe is deploying artificial intelligence across internal operations to improve efficiency, reduce costs and accelerate routine workflows, underscoring how India’s largest digital payments firms are turning to automation to protect margins. The company says some audit processes that previously took four days can now be completed far faster, a sign that AI is moving from product features into core back-office execution.

4 min readRead →
Markets, IPOs & WealthJust now (04:08 AM IST)

European Shares Slide as Bond Yields Surge, Squeezing Risk Appetite

European equities opened the final quarter under pressure on Thursday as a fresh climb in global bond yields and lingering inflation concerns prompted investors to trim risk. The STOXX 600 fell about 1%, with banks among the weakest performers, while softer oil prices offered only limited relief to a market still focused on the prospect of higher-for-longer interest rates.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:26 AM IST)

India’s UPI Fee Shift Could Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions is set to strengthen the country’s largest payment apps, with Bernstein estimating that PhonePe and Google Pay could together generate about $900 million annually by March 2028. The policy may deepen their lead over smaller rivals, while also nudging payment firms to expand into rural markets and pursue higher-value transactions.

5 min readRead →
Enterprise Tech, Cloud & AIJust now (11:37 PM IST)

AI Helps PhonePe Trim Costs and Speed Up Internal Workflows

PhonePe is using artificial intelligence to reduce operating costs and accelerate internal processes, including audit workflows that once took four days and now can be completed far faster. The development underscores how India’s leading fintech firms are moving beyond customer-facing AI features and into back-office automation as they seek greater efficiency and margin discipline.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (10:56 PM IST)

PhonePe Bets on Co-Branded Credit to Bring India’s Next 50 Crore Into Formal Lending

At the Global Fintech Festival 2026, PhonePe unveiled a new credit push aimed at consumers who have historically remained outside mainstream lending. The company introduced co-branded credit cards with HDFC Bank and SBI, alongside Wishcard, a product designed for users with limited or no credit history, signalling a sharper move from payments into everyday credit access.

6 min readRead →
India Sports & CricketJust now (06:22 PM IST)

Anish Finishes Seventh as India Ends Campaign with 15 Medals

Anish delivered a composed late surge to finish seventh, shooting four out of five at a decisive stage of the final and closing with 11 hits from 15 shots. The result brought India’s campaign to an end with a total of 15 medals, underlining a strong overall showing even as the final podium push fell short.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (09:19 AM IST)

PhonePe Bets on Co-Branded Credit to Bring the Next 50 Crore Into Formal Lending

PhonePe has launched a new set of co-branded credit cards with HDFC Bank and SBI, alongside a Wishcard designed for consumers with limited or no credit history, in a bid to convert UPI-era digital behaviour into formal credit adoption. Unveiled at GFF 2026, the products target Gen Z, homemakers, freelancers and semi-urban users who have often remained outside mainstream card-led lending.

6 min readRead →
Banking, Fintech & InsuranceJust now (12:10 AM IST)

India’s UPI Fee Shift May Cement PhonePe, Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions could hand PhonePe and Google Pay a powerful new revenue stream, with Bernstein estimating annual earnings of about $900 million by March 2028. The policy may deepen the lead of the two dominant payment apps while nudging smaller rivals toward niche, higher-value use cases and broader rural expansion.

5 min readRead →
Banking, Fintech & InsuranceJust now (07:40 PM IST)

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Market Power

India’s new merchant fee regime for high-value UPI transactions is poised to deepen the dominance of PhonePe and Google Pay, with Bernstein estimating the two platforms could together generate about $900 million annually by March 2028. The 0.4% fee on merchant payments above Rs 2,000 may also accelerate expansion into rural markets while forcing smaller rivals to chase larger-ticket transactions to survive.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:52 PM IST)

PhonePe Bets on Co-Branded Credit to Reach India’s Next 50 Crore Consumers

PhonePe has unveiled a new credit push at GFF 2026, launching co-branded credit cards with HDFC Bank and SBI alongside Wishcard, a product aimed at consumers with limited or no credit history. The move signals a broader attempt to convert UPI-era digital payment behaviour into formal credit adoption across Gen Z, homemakers, freelancers and semi-urban users.

6 min readRead →
India Entertainment & CultureJust now (12:46 PM IST)

Delhi Exhibition Recasts Phulkari as Living Textile History

A new exhibition in Delhi curated by textile designer and revivalist Sunaina Suneja brings vintage and contemporary phulkari into the same frame, tracing the embroidery tradition’s techniques, motifs and social meanings. The show positions phulkari not as a static folk craft but as a living textile language shaped by memory, migration and reinvention.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (12:25 PM IST)

PhonePe Extends UPI to Feature Phones, Targeting 220 Million Users Without Smartphones

PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 200 million-plus Indians who still rely on basic handsets. Unveiled at the Global Fintech Fest 2026 in Mumbai, the move expands the reach of India’s payments rail beyond smartphones and data connectivity, with the service pre-loaded on devices from HMD, Nokia, Lava and itel.

6 min readRead →
Banking, Fintech & InsuranceJust now (05:03 AM IST)

PhonePe Bets on Co-Branded Credit to Bring India’s Next 50 Crore Into Formal Lending

At the Global Fintech Festival 2026, PhonePe unveiled co-branded credit cards with HDFC Bank and SBI, alongside a new Wishcard designed for consumers with limited or no credit history. The launch is aimed at converting India’s UPI-first spending habits into formal credit access for Gen Z, homemakers, freelancers and semi-urban households that have historically remained outside the mainstream lending system.

5 min readRead →
Banking, Fintech & InsuranceJust now (04:43 AM IST)

India’s UPI Fee Shift Set to Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for Unified Payments Interface transactions could hand PhonePe and Google Pay a powerful revenue tailwind, with Bernstein estimating annual earnings of about $900 million by March 2028. The policy may deepen the lead of the two market leaders while nudging smaller rivals toward higher-value payments and broader rural expansion.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (04:22 AM IST)

PhonePe Bets on Co-Branded Credit to Bring India’s Next 50 Crore Into Formal Finance

PhonePe has unveiled a new suite of co-branded credit cards with HDFC Bank and SBI, alongside the Wishcard for consumers with limited or no credit history, at the Global Fintech Fest 2026. The move is designed to convert UPI-era spending habits into formal credit access, targeting Gen Z, homemakers, freelancers and semi-urban consumers who have historically remained outside mainstream card-led finance.

5 min readRead →
Healthcare, Pharma & Life SciencesJust now (05:02 PM IST)

PhonePe Extends UPI to 220 Million Feature-Phone Users, Deepening India’s Cashless Push

PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 220 million users who still rely on basic handsets. The rollout, unveiled at the Global Fintech Fest 2026 in Mumbai, expands the reach of India’s payments stack beyond smartphones and could materially widen formal digital commerce in smaller towns and rural markets.

5 min readRead →

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