The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Featured

Now pay with PhonePe at over 20 lakh shops in Maharashtra

by TLN Team October 30, 2020October 30, 2020
written by TLN Team October 30, 2020October 30, 2020
Now pay with PhonePe at over 20 lakh shops in Maharashtra

PhonePe, India’s leading digital payments platform today announced that it is now live as a payment option at over 20 lakh shops comprising large organized retail stores as well as small and medium shops and kiranas across Maharashtra.

PhonePe has recorded a phenomenal 64% year-on-year growth in its offline store acceptance in Maharashtra. PhonePe is currently live at over 1.3 crore offline shops across the country, and Maharashtra accounts for the largest share of offline stores.

Commenting on this milestone, Vivek Lohcheb, Vice President – Offline Business Development, PhonePe said, “We are delighted to be accepted as a payment option across 20 lakh offline shops in Maharashtra. Our wide acceptance network now allows our customers the choice of using digital payment modes like UPI, wallet, Credit or Debit cards to pay for their daily purchases across their favorite stores.

For our merchant partners, the advantage is they can now serve more customers and grow their business with PhonePe. This milestone is also a significant step in helping us move towards our goal of digitizing 2.5 crore offline stores across India, thereby contributing to the vision of a digital and less-cash economy. Going forward, we aim to increase our presence in Maharashtra’s rural areas also and hence will be recruiting over 1700 more sales executives in the state over the next 3 months.”

PhonePe has built a comprehensive set of offerings to help offline merchant partners grow their business and attract more customers. One such feature is the ‘Stores’ tab on the PhonePe app which enables a seamless connect between PhonePe’s 23 crore customers and offline shops at scale throughout the country. Customers can easily discover a large number of offline shops in their vicinity and either call or chat with store owners to place their orders and shop from the comfort of their home. 

Customers can also pay the stores remotely for their purchases using the “Pay now feature” without needing to scan any QR codes. PhonePe has also introduced a Digital Khata solution helping offline stores maintain easy records of customer transactions.

In case the working capital gets stuck and the payments happen only when the customer comes to the shop next, the store can easily send a reminder for faster collection.

Earlier this year PhonePe had also introduced a one-of-its-kind PhonePe ATM enabling customers to visit nearby offline stores to withdraw cash instead of having to visit a bank ATM.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
CELEBRATE A HOLLYWOOD BLOCKBUSTER PARTY WITH STAR MOVIES THIS FESTIVE SEASON
next post
VTA condemn cash handling charges by Banks; writes to Govt & RBI

You may also like

Minimally Invasive Neuro Surgery at Wockhardt Hospitals, Nagpur

May 20, 2022

PROVINCIAL  AUTOMOBILE OPENS NEW MAHINDRA SHOWROOM AT MANISH...

May 20, 2022

HDFC Bank carves out Rural Banking business to...

May 19, 2022

Sony introduces new FE 24-70mm F2.8 GM II,...

May 19, 2022

Jiya Shankar is the perfect combination of beauty,...

May 18, 2022

Launch of SMART AgTech Integration Facility 2022: A...

May 18, 2022

Shailesh Lodha who plays Tarak Mehta in TMKUC...

May 18, 2022

Vicks launches Tulsi Cough Drops to alleviate sore...

May 17, 2022

JSW Paints launches its innovative product that focuses...

May 17, 2022

Catch Garud on his escapade of adventures as...

May 14, 2022

Trending News

  • RTMNU exam in MCQ format off-line mode

    May 20, 2022
  • Umran Malik becomes youngest bowler to take 20 wickets in an IPL

    May 19, 2022
  • Mini MBA course in just one rupee, know how

    May 17, 2022
  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

October 2020
M T W T F S S
« Sep   Nov »
 1234
567891011
12131415161718
19202122232425
262728293031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.