PhonePe crosses 2 billion digital payment transaction

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Digital payments platform PhonePe today announced that it has crossed the 2 billion digital payment transaction mark on the app. This milestone has been driven by PhonePe’s phenomenal growth and acceptance across large and small offline and online merchants across the country, the company said in a release issued here.PhonePe is currently accepted at over three million merchant outlets across 130 cities in India. It crossed the one billion transactions milestone in November 2018 and has doubled this number in under five months.

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