PhonePe
India
Founded in
2015 (11 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
5/10
Reviews
62/90
125 reviews
Provided by TrustFinance
OVERALL SCORE
Others
5/10
Reviews
62/90
125 reviews
Provided by TrustFinance
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know PhonePe
Company Information
Get to know PhonePe
Founded in December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer, PhonePe has become one of India's leading digital payment platforms. Acquired by Flipkart in 2016 and now part of the Walmart group, the company's app is built on the Unified Payments Interface (UPI) and allows users to send and receive money, recharge mobile and DTH, pay utility bills, and make in-store payments. Beyond payments, PhonePe has expanded its offerings to include financial services like insurance, mutual fund investments, and digital gold, with a mission to build a large, scalable, and open transaction ecosystem that creates the maximum positive impact for all Indians.
Industry
- Financial PSP GatewayPRIMARY
- Financial Electronic Payment
- Financial Payment
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Reviews
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Review Analytic
A
umariliyasmuhammadmlf
Direct
Excellent
Overall Thought
PhonePe serves as a comprehensive solution for all your financial requirements. Its user-friendly interface ensures effortless navigation, catering to beginners as well. PhonePe's.It has truly transformed the way I handle my financial transactions. Its user-friendly interface and wide range of services, from mobile recharges to bill payments, make
Aug 31, 2023
A
abdulbasidabdussamad
Direct
Great
Overall Thought
PhonePe is a convenient and user-friendly mobile payment app. Seamlessly integrated with major banks, it offers easy money transfers, bill payments, and online shopping. Its intuitive interface makes transactions quick and hassle-free. Cashback offers and discounts further enhance its appeal.
Aug 28, 2023
A
amaechiprince333
Direct
Excellent
Overall Thought
This company is truly exceptional in every aspect. Their commitment to excellence is evident in the top-notch products and services they offer. The team's expertise and dedication shine through, consistently delivering results that exceed expectations. Remarkable attention to detail and a customer-centric approach make interactions a pleasure. The company's innovative solutions showcase their forward-thinking mindset and ability to adapt to changing landscapes. With a stellar track record of reliability and a genuine passion for their work, they've undoubtedly set a benchmark in their industry. Choosing this company is choosing reliability, quality, and a partnership that fosters success.
Aug 28, 2023
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