Flipkart UPI Announced! Now do UPI Payments with Flipkart UPI

Flipkart UPI Payments is coming soon! Flipkart today on February 25th announced the new Flipkart UPI Payments in a banner spotted on the homepage of the Flipkart app. However, the news isn’t as surprising for those who know that launching a UPI payments app has been in the books of Flipkart for some time. 

In January, Flipkart was rumoured to have launched Flipkart UPI payments for select 10,000 users. Seems like, after a successful pilot launch, Flipkart is all set to bring its own Flipkart UPI app. Here’s all you need to know about the Flipkart UPI Payments launch in India and its benefits.

Amidst Paytm Payments Bank havoc, new players seem to be finding the UPI Payments segment a golden opportunity. Recently, Google confirmed to bring its Google Pay Soundpod in India soon which would compete with Paytm’s Soundbox. Now, Flipkart has announced to bring UPI Scan & Pay, Money transfer and Online UPI Payments on the Flipkart app.

Interestingly, some users are wondering if Flipkart already has PhonePe, so why bring UPI on the Flipkart app? Well, the answer can be found in the separation of ownership between Flipkart & PhonePe that occurred in the year 2022. 

Yes, PhonePe is no longer a part of Flipkart. At the time, Flipkart had said that it was not very keen about entering into the payments market. That seems to have changed now as Flipkart since January 2024 has been in rumours to launch its own UPI Payments facility on its app.

Also Read: UPI Accepted Countries List 2024 

Flipkart UPI is officially announced today. However, it's not known yet as to when the feature will be rolled out for users. Flipkart users as per the announcement banner present on the app will be able to use Flipkart UPI for Scan & Pay, Sending Money, and online shopping. The benefits of using Flipkart UPI are as follows:

1. Get ₹25 instant discount for the 1st Flipkart order made using Flipkart UPI

2. Get 10 Supercoins for the first 5 Scan & Pay transactions

Also Read: Flipkart VIP vs Amazon Prime 

These Flipkart UPI benefits are introductory offers that would only be available for first-time users. It would be interesting to see how Flipkart UPI stands the test of time against some strong players like PhonePe itself, Paytm, Google Pay, Cred UPI, etc

So this was all about sharing the announcement of Flipkart UPI on the Flipkart app. While there are not much details out yet, we hope you found this article

Thanks to our user @BK100 for first sharing this news with us here:

Flipkart upi - desh ka apna upi coming soon .!!!

Also Read: New & Upcoming Smartphones in March 2024 (Xiaomi, Oppo, iQOO, & more)