Friday, 24 March, 2023

PhonePe and Flipkart join hands to digitise COD payments

<p>Digital payment app PhonePe announced partnering up with e-commerce giant Flipkart to enable a pay-on-delivery service. Customers who opt for the COD option will be able to pay digitally through any UPI app. PhonePe&rsquo;s dynamic QR code solution will enable customers to do so. In December 2020, Flipkart announced a spin-off with PhonePe. The payments app had raised $700 mn funding valuing it at $5.5bn. This project aims to reduce contact and increase digitisation.&nbsp;</p>