PhonePe plans to hire 10K contract workers to onboard small shops or kiranas as merchants accepting digital payments. The start-up aims to double its existing merchant base of 11M to 25M in 12 months. It also plans to onboard these kiranas on its PhonePe for Business app to offer them full-stack services. PhonePe has topped as India’s P2M transaction platform ahead of Google Pay, Paytm and Amazon Pay. It clocked approx. 540M UPI transactions in July.

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