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

Sun, Oct 3, 2021 10:00 AM on Featured, Corporate,

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.