Article excerpt
Highlighted: the sentence this signal was extracted from
PhonePe is planning a major expansion of its digital payments network across India's smaller towns and villages, with plans to hire more than 20,000 frontline sales employees and deploy over 50 lakh payment devices during the next 12 months. The move is aimed at taking digital payment acceptance deeper into rural India, including Tier 6 towns and underserved markets. 20,000 New Jobs In The Next Year PhonePe plans to add more than 20,000 sales personnel to its on-roll workforce over the next year. These employees will be responsible for reaching merchants in smaller towns and villages, helping them complete KYC procedures, installing payment devices and providing ongoing support. The expansion comes as digital payments continue to spread beyond India's major cities, creating demand for a larger merchant-facing workforce. 50 Lakh Payment Devices To Be Deployed Alongside the hiring programme, PhonePe plans to deploy more than 50 lakh payment devices over the next 12 months. The devices will include SmartSpeakers and point-of-sale machines used by merchants to accept and manage digital payments. Around 50% of the new devices are expected to be deployed in rural India, with the company specifically targeting Tier 6 towns and deeper rural geographies. Focus On Small Merchants PhonePe's expansion is focused on bringing more small businesses into the formal digital payments...
Keep reading with a free account
The rest of this article, and every signal for PhonePe, is in your free account.
