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  1. May 16, 2024 · The PhonePe digital payments app, launched in August 2016, boasts over 520 million registered users and a vast network of 38 million merchants. Apart from its core digital payments business, the PhonePe Group has diversified into financial services and consumer technology ventures. PhonePe Launches UPI Payments in Sri Lanka.

  2. May 15, 2024 · National, May 15th, 2024: PhonePe, today announced that it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points at a grand event held in Colombo. The event was graced by His Excellency Shri Santosh Jha, the High Commissioner of India to Sri Lanka, as the Chief Guest, who highlighted the key role ...

  3. Jun 6, 2024 · National, June 6th, 2024: PhonePe, today announced its collaboration with PickMe, Sri Lanka’s leading ride-hailing platform, to enable seamless UPI-based QR payments for Indian travellers in Sri Lanka. The partnership signifies a major step forward in enhancing their travel experience through the convenience of cashless transactions on their ...

  4. May 16, 2024 · When a visitor from India uses PhonePe to make UPI payments in Sri Lanka, the amount will be debited in Indian rupees or INR, and the currency exchange rate will be shown to him. Meanwhile, the merchant will get the settlement in Lankan rupees. As of writing this report, India’s Re 1 is equal to Sri Lanka’s 3.60 rupee, approximately.

  5. May 17, 2024 · LankaPay – Sri Lanka’s National Payment Network on Wednesday announced its partnership with PhonePe – one of India’s most popular fintech apps – towards accepting UPI payments at LankaQR merchant points. The launch was graced by Indian High Commissioner Santosh Jha who highlighted the key role played by fintech connectivity in the ...

  6. Fintech firm PhonePe has partnered with ride-hailing platform PickMe to enable UPI-based payments for Indian travellers in Sri Lanka, the Walmart group firm said on Thursday. Last month, PhonePe entered into a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka.'Our partnership with PickMe exemplifies the company's ...

  7. The PhonePe Group has also expanded into financial services and consumer tech businesses. There was also a panel discussion on 'The Future of Digital Payments in Sri Lanka: Opportunities for Sri ...

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