The PhonePe mobile app, on a smartphone, and a point-of-sale device. Photographer: Samyukta Lakshmi/Bloomberg

PhonePe Has Turned Walmart Into A Serious Payments Player

Walmart Inc’s biggest acquisition gave it access to India’s $670-billion retail market. With that, it also struck a digital payments goldmine.PhonePe Pvt. Ltd., which came with the Flipkart buyout,...

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