๐๐ก๐จ๐ง๐๐๐ ๐๐จ๐ฏ๐ข๐ง๐ ๐๐จ๐ฐ๐๐ซ๐๐ฌ ๐๐๐.
Flipkart's fintech platform PhonePe (~๐๐% ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ ๐ฌ๐ฉ๐๐๐) saw monthly transactions of $3.1 billion, said the CEO at Walmart, during recent quarterly earnings call.
PhonePe had an annualised total payment value of $830 billion in the second quarter compared with $770 billion in the previous three months.
๐๐ก๐ ๐๐ข๐ง๐ญ๐๐๐ก ๐๐ซ๐ฆ ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ฅ๐จ๐จ๐ค๐ข๐ง๐ ๐๐ญ ๐ฆ๐๐ซ๐๐ก๐๐ง๐ญ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ.
''I think what's really encouraging with the way they are approaching this space is they are looking not only at payments but also at merchant services, and that two-sided network is an important part of that. But ๐๐ช๐ฎ๐๐ฅ๐ฅ๐ฒ ๐ฌ๐ญ๐๐ซ๐ญ๐ข๐ง๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐ข๐ง๐ญ๐จ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ as well with a real focus at the moment on insurance and pushing thatโโ said the CEO.
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Flipkart's fintech platform PhonePe (~๐๐% ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ ๐ฌ๐ฉ๐๐๐) saw monthly transactions of $3.1 billion, said the CEO at Walmart, during recent quarterly earnings call.
PhonePe had an annualised total payment value of $830 billion in the second quarter compared with $770 billion in the previous three months.
๐๐ก๐ ๐๐ข๐ง๐ญ๐๐๐ก ๐๐ซ๐ฆ ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ฅ๐จ๐จ๐ค๐ข๐ง๐ ๐๐ญ ๐ฆ๐๐ซ๐๐ก๐๐ง๐ญ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ.
''I think what's really encouraging with the way they are approaching this space is they are looking not only at payments but also at merchant services, and that two-sided network is an important part of that. But ๐๐ช๐ฎ๐๐ฅ๐ฅ๐ฒ ๐ฌ๐ญ๐๐ซ๐ญ๐ข๐ง๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐ข๐ง๐ญ๐จ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ as well with a real focus at the moment on insurance and pushing thatโโ said the CEO.
... continued in comments