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Pincode, a local shopping app developed on the ONDC (Open Network for Digital Commerce) Network, on Friday announced that customers can elevate their festive shopping experience by using the newly launched ONDC Gift Cards on the app.For the .
Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform.
With this milestone, 1 in 3 Indians are now on PhonePe.
The company said it is the first Indian internet company to have reached this scale globally.
This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.
PhonePe has also crossed 500 million lifetime registered users on its platform. PhonePe s UPI Total Payments Value (TPV) market share stood at 50.54 percent as of March 2023