Flipkart, which claims to have greater than 50 crore registered customers and 14 lakh sellers on its market, goals to scale back dependence on third-party UPI apps akin to Paytm, PhonePe, Google Pay, and Amazon Pay.
In a significant growth, e-commerce large Flipkart has launched its personal Unified Payments Interface (UPI) service referred to as “Flipkart UPI,” in collaboration with Axis Bank. This facility will enable prospects to arrange their very own UPI deal with for on-line and offline transactions inside and out of doors the Flipkart market. However, it would initially be out there for Android customers.
Flipkart, which claims to have greater than 50 crore registered customers and 14 lakh sellers on its market, goals to scale back dependence on third-party UPI apps akin to Paytm, PhonePe, Google Pay, and Amazon Pay.
“Recognising the dynamic digital landscape, the launch of Flipkart UPI seamlessly merges the convenience and cost-effectiveness of UPI with the trusted efficiency customers expect from us,” mentioned Dheeraj Aneja, Senior Vice President, Fintech and Payments Group at Flipkart.
“At Flipkart, we’re dedicated to delivering the best-in-class commerce expertise to prospects by providing protected and handy fee choices alongside with a wide selection of rewards and advantages akin to Supercoins, Brand Vouchers, and others,” Aneja additional mentioned.
Within the Flipkart app, prospects can create their very own UPI ID. This comfort allows them to make funds to retailers, and people, and even handle invoice funds, with out switching apps.
The in-house UPI facility can be unfold throughout Flipkart group corporations together with, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip.
