Chennai: PhonePe has announced that it will enable digital payments for over 25 million small merchants across India in the next one year.
The company will also onboard these vendors on its PhonePe for Business app, offering them end-to-end control of the payment process including instant payment confirmations, receipts and reconciliations.
PhonePe said it plans to reach 5,500 talukas via its merchant acquisition teamĀ that will lead to over 10,000 jobs being created in semi urban and rural areas.
VivekLohcheb, vice-president, offline business development, PhonePe, said, “Kiranas and merchants across small villages and towns are striving to progress and prosper. We are really excited to partner with them in this journey andĀ take digital payments to the last mile of India.”