PhonePe Teams Up With Visa To Make Card Payments As Easy As UPI; Introduces 3 New Services!
Article excerpt
Highlighted: the sentence this signal was extracted from
/ / / At present, only a few people prefer making payments with cash. Most of us now make payments with just a few clicks, thanks to digital payment apps like GPay, PhonePe and Paytm. Now, PhonePe is all set to expand its services beyond digital payments and has collaborated with Visa. Scroll down to know more! PhonePe is now all set to bring more than just digital payments. As per Moneycontrol report, this Bengaluru-based fintech company has partnered with Visa to launch three new card-based solutions. The announcement was made at the Global Fintech Fest 2026 in Mumbai on September 9. The new services are Tap to Pay, Cross-Border Scan to Pay and Smart Accept. These services are based on PhonePe's existing technology that lets users securely add their Visa cards to the app. The company now wants to make card payments as easy and convenient as UPI payments. Also Read: After France, THIS European Nation Is Set To Introduce UPI Payments For Indian Travellers Though UPI makes up 89% of digital transactions in India, card payments are still in the lead. Moneycontrol report revealed that cards still play an important role in high-value purchases and online shopping, where Visa and Mastercard remain the top choices. With Tap to Pay, users can add their Visa cards to the app using tokenisation. With this, users can make contactless payments at point-of-sale terminals without...
Keep reading with a free account
The rest of this article, and every signal for PhonePe, is in your free account.
