PhonePe is a digital payments platform in India that enables users to send and receive money, pay bills, recharge mobile phones, and more using their smartphones. It was founded in December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer. PhonePe is currently owned by Walmart, which acquired a majority stake in the company in 2018. PhonePe is licensed by the Reserve Bank of India as a Payments System Operator (PSO) and is regulated by the National Payments Corporation of India (NPCI). The app is available on both iOS and Android platforms, and it has gained popularity due to its ease of use and wide range of services. PhonePe has also partnered with various merchants and businesses, allowing users to make payments at physical stores using their smartphones. It has been a leading player in India's digital payments landscape and has continuously innovated to offer new services to its users.