PhonePe launches new bill payment app
PhonePe launches new bill payment app

PhonePe, fast growing digital payments app has partnered with Visa, a leader in digital payments to provide a seamless payment experience to PhonePe users who own Visa credit cards.

Using the PhonePe app, customers now have the option to pay their credit card bills till the due date, thus eliminating any scope for levy of late payment fees. Further, they can make instant payments using multiple bank accounts at no additional charges.

Hemant Gala, head of payments at PhonePe said, “Through this partnership, we aim at making the process of making credit card bill payments seamless and hassle-free for our users. This is the first time in India that a digital payments app has enabled the option of credit card bill payments.”

“We believe this is an important step in PhonePe’s vision to become a one-stop destination for all digital payments needs of customers,” Gala added.

Shailesh Paul, head, merchant sales and solutions, India and South Asia at Visa in a stated, “While credit cards are synonymous with digital payments, cardholders often end up using offline means for repayment of their credit card bills. This is in part due to limited choices of card repayment methods available to them. The PhonePe solution offers credit cardholders the convenience and flexibility to pay their card bills directly through their mobile phones and other devices.”

He further added, “This new service will help Visa cardholders manage their credit card bill payments more efficiently and on the go. Customers with Visa cards will also have access to shop at various offline and online stores that PhonePe has tied up with. In addition, customers will also be able to recharge, pay all their utility bills and shop on popular online and offline shopping destinations.

PhonePe is currently live across more than 60,000 online and offline merchants including ClearTrip, Abhibus, TicketNew, PVR and ZopNow and many national offline chains like McDonald’s, Café Coffee Day, Apollo Pharmacy, Barista, Spencer’s, KFC, FoodWorld and Pai International.

 
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