Flipkart UPI launches as e-commerce giant's unique unified payment feature

Flipkart has launched its own Unified Payments Interface (UPI) service in collaboration with Axis Bank. The facility is called his Flipkart UPI and its launch comes at a time when e-commerce companies are launching their own services. UPI handle Improve service to your customers and avoid redirects to third-party apps for payments.

“Flipkart UPI seamlessly blends the convenience and cost-effectiveness of UPI with the trusted efficiency that our customers expect from us,” Dheeraj Aneja, senior vice president, Fintech and Payments Group, Flipkart, said in a statement. Ta.

“We are committed to providing our customers with a best-in-class commerce experience by offering secure and convenient payment options, along with a wide range of perks and benefits such as super coins and branded coupons,” said Aneja. added.

Here's what you need to know about Flipkart UPI.

(1.) Flipkart UPI can be used for both online and offline payments within and outside the Flipkart app, but is initially available only to Android users.

(2.) To avail this service, you must first create a UPI ID in the Flipkart app. You can then pay bills in addition to payments to merchants and individuals without switching apps.

(3.) This facility will be distributed across the Flipkart group of companies including Myntra, Flipkart Wholesale, Flipkart Health+ and Cleartrip.

(4.) Flipkart UPI reduces dependence on third-party UPI apps like Amazon Pay, Google Pay, Paytm, PhonePe, etc.

(5.) According to the e-commerce giant, its marketplace has more than 50 billion registered users and more than 14 million sellers.Moreover, in February, he made 121 billion of his UPI transactions, with a total of INR18.3 billion yen, an increase of 61% from the same period last year.