PhonePe processes over 1.1 crore insurance premiums

Digital payments platforms Phonepe said on thursday it processed over 1.1 crore insurance policy premium payments in the last one year. The company provides customers with a simple and secure option to pay insurance premiums for over 30 insurers. The digital payments landscape is rapidly changing the way people are transacting and investing.Insurance as a sector is benefiting immensely from these macro trends said Ankit Gaur,Director of Business at PhonePe. PhonePe is a leading digital payments platform with over 25.8 crore registered users.