#InnovationInPayments
PhonePe to Launch UPI Payments for New Feature Phone Users
PhonePe Limited (“PhonePe”), today announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a mobile application built on top of NPCI’s UPI payment solution for feature phones (UPI 123PAY). PhonePe plans to customize and extend this recently acquired GSPay IP and launch…