Payswiff and PhonePe partner to enable a seamless payment experience for merchants3 months ago Saritha Keshamoni
Payswiff, a leading payment solution provider today announced that it has partnered with PhonePe, India’s fastest growing payments platform. As part of the association, PhonePe will be made available as a payment option on Payswiff’s POS/mPOS terminals across their entire merchant base. Payswiff merchants will be able to conveniently accept payments from consumers through multiple instruments including UPI, Credit Cards, Debit Cards, PhonePe wallet as well as external wallets.
With over 1.5 lakh devices deployed with merchants in the Enterprise and SMB space, Payswiff has significant reach in the country with presence across over 1320 locations. Working with PhonePe will allow Payswiff merchants to offer a seamless payment experience to their consumers.
Speaking on the partnership, Yuvraj Singh Shekhawat, Head of Offline Organised Business at PhonePe said, “PhonePe’s offline payment solutions are extremely fast and simple. Shop owners/cashiers do not require extensive training in using our solutions while ensuring quick and seamless payments for their customers. Payswiff is growing fast, building a notable reach in the offline merchant space and we are happy to associate with them. Together we can enable faster adoption of digital payments across the country.”
On the partnership, Anil Bharadwaj, Chief Commercial Officer, Payswiff said, “Payswiff is very excited to partner with PhonePe. The partnership will empower our current and new merchants to embrace digital payment solutions and transform their businesses.”
PhonePe is currently accepted at over 3 million offline retail outlets and kirana stores as well as at over 100 top online merchants in India. PhonePe also has a merchant app to facilitate end-to-end control for merchants on the payment process, including transaction confirmation and reconciliation.
Payswiff is one of the leading payment players based out of India, spanning in 12 geographies across the globe that provides offline/online payment centric solutions to Enterprises, SMEs and Banks. Payswiff enables merchants to accept payments through 50+ payment options which include Mastercard, VISA, Rupay AMEX, Bharat QR, wallets, NB and UPI Payswiff has associated with 100+ leading Nationalised and Private banks as their transaction processing partner. At present, Payswiff has more than 450+ associates in 12 countries that include UAE, Singapore, Russia & more and is listed in the top paid players in India.
Bengaluru-headquartered PhonePe is the fastest growing digital payments platform in India. With over 150 million users, the PhonePe app drives the highest number of merchant UPI transactions in India. Using PhonePe, users can send and receive money, recharge mobile, DTH, data cards, make utility payments and buy gold. PhonePe is accepted across 30 lakh merchant outlets nationally. PhonePe also launched its own Apps platform in 2018, and today its customers can place orders on Ola, Myntra, IRCTC, Goibibo, redBus, Oyo, and Treebo, etc. directly from within the PhonePe Mobile App. For more details, please visit https://www.phonepe.com or download the iOS PhonePe and Android PhonePe app