1. PhonePe plans 20,000 rural jobs and 50 lakh devices to expand digital payments across India

PhonePe plans 20,000 rural jobs and 50 lakh devices to expand digital payments across India

India

  • PhonePe will hire 20,000 on-roll sales employees to expand digital payments in rural India.
  • The company plans to deploy over 50 lakh SmartSpeakers and POS devices in the next year.
  • Around 50% of new devices will target rural areas and Tier 6 towns to grow merchant access.
  • PhonePe says the expansion will help bring more small merchants into the digital payment ecosystem.

Source: ap7am.com

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