Provider Snapshot
wallet

PhonePe

India's fastest growing digital payments app

PhonePe is a leading Indian digital payments and financial services company. Founded in 2015 and acquired by Flipkart in 2016, it offers UPI-based payments, bill payments, recharges, and financial services to over 450 million users.

Merchant fit
UPI, Mobile Payments
Primary reach
1 supported markets and 1 currencies
Acceptance surface
UPI, Credit Card, Debit Card, PhonePe Wallet

At a glance

Implementation Fit

4.4
Headquarters
Bengaluru, India
Settlement
T+1 business day
Integration
easy
Founded
2015

Developers

Integration surface

Everything a technical team usually needs to evaluate implementation effort.

API Type

REST

Integration Difficulty

easy

Webhooks
Sandbox
Recurring Billing
Fraud Detection
Reporting
Multi-Currency

Business

Commercial model and operating profile

A clearer breakdown of pricing structure, settlement, and currency support.

Pricing Model

percentage

1.5% - 2%

Settlement Time

T+1 business day

Pricing Details

UPI transactions are free for consumers. Merchant fees apply based on transaction type.

Supported Currencies

INR

Capabilities

Core product features

Key merchant-facing functions that usually matter during provider comparison.

Recurring Billing
Invoicing
Mobile SDK
Fraud Detection
Reporting & Analytics
Multi-Currency

Acceptance

Supported payment methods

A scannable view of cards, wallets, local methods, and alternative rails supported by this provider.