Mumbai: PhonePe has announced that it has crossed 600 million (60 crore) registered users on its platform, marking a significant milestone as the company approaches its 10 anniversary this year.

The digital payments and financial services provider attributes this achievement to its continuous innovation, enhanced service offerings, and a growing user base. By prioritising security, reliability, and speed in its payment system, PhonePe has strengthened customer trust and expanded its reach across India’s merchant network, fostering a comprehensive digital payments ecosystem for consumers and businesses alike.

PhonePe co-founder & CEO, Sameer Nigam stated, “Reaching 60 crore registered users is a proud moment for all of us at PhonePe. Every milestone brings us closer to realising our vision of building a truly inclusive financial ecosystem. We will continue developing homegrown solutions to meet the evolving needs of our users and support India’s digital transformation.”