PhonePe crosses 5 billion transactions on the App

Phonepe has witnessed 5X year-on-year growth.

PhonePe is accepted as a payment option across 80 lakh MSMEs in over 215 cities in India.

Over 56% of its transactions are now driven by users in Tier 2 and Tier 3 cities. PhonePe also has 150+ million bank accounts linked on its platform.

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