PhonePe to expand business, digitise 25 mn small merchants, create 10K jobs

Walmart-owned PhonePe, said that it will enable digital payments for over 25 million small merchants across India in the next one year. The Bengaluru-based firm will also onboard them on its PhonePe for Business app, offering them end-to-end control of the payment process including instant payment confirmations, receipts, and reconciliations.

The company plans to reach 5,500 talukas via its merchant acquisition team that will lead to over 10,000 jobs being created in semi-urban and rural areas.

“Kiranas and merchants across small villages and towns are striving to progress and prosper. We are really excited to partner with them in this journey and take digital payments to the last mile of India across every village and town,”