Fonepay observes its 2nd anniversary with a long list of achievements; enrolls 5.25 lakh plus merchants with 1.50 crore active users across the nation
Fonepay has observed its 2nd anniversary with a big success story within a short span of two years of its operation.
The QR code-based payment channel has so far enrolled 5.25 lakh merchants under its network with 60 BFIs providing the Fonepay service, as per the media statement.
Moreover, Fonepay is registering a daily transaction of over Rs 30 crore and inter-bank transfer of over Rs 1 arba on a daily basis with 1.50 crore users, as per the media statement.