PhonePe Android app was updated yesterday to add few new features. The new version of the PhonePe app will now let users pay BSNL Broadband bills as well as Insurance Premium right from the app without any issues. Users can use any of the transaction methods to process the payment and successfully finish the transaction. So if you were looking for a very convenient way to pay broadband bills and insurance payments online, here you have it.
The fact that, users can now pay bills as well as Insurance premium using the service, makes it much more feasible and it adds to the overall credibility of the service as well, which will allow more and more users to download the app and give it a shot. It is also worth noting that PhonePe is also considered to be the second-most popular UPI app after Bharat Interface for Money (BHIM) app.
PhonePe is a Fin-tech company, owned by Flipkart, and notably, has been expanding at a rapid pace. Over the course of time, we have been seeing a ton of new features being added to the service, making it much more useful.
The company has set a target of achieving 40 million monthly transactions on the app by the end of the year. As of now, it has been reported that the company is recording about 10 million monthly transactions. Do make a note that this includes all transactions through UPI, Debit cards, Credit cards, etc. Overall, it offers a ton of features and now, adding to the existing capabilities, users can now pay BSNL Broadband Bills and Insurance Premium as well.
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