Digital payments major PhonePe said that it has crossed more than 10 lakh offline merchants within a year of betting majorly in the space, mostly by installing payment acceptance across small and mid sized retail stores.
PhonePe enables merchants to accept payments across UPI, cards and all forms of wallets.
“PhonePe’s QR solution allows merchants to accept consumer payments from any UPI app and not just PhonePe, ensuring they don’t have to go through the hassle of dealing with multiple partners,” said Vivek Lohcheb, head of unorganised business at PhonePe. “We are also helping these merchants by providing them visibility on our app allowing our 150 million users.”
PhonePe is pushing the offline payment acceptance across both modes, QR codes as well as point of sales terminals.
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