homepersonal finance NewsFlipkart launches UPI handle in partnership with Axis Bank — Here’s how to use it online and offline

Flipkart launches UPI handle in partnership with Axis Bank — Here’s how to use it online and offline

Flipkart UPI: Users can set up their UPI handle for online and offline merchant transactions within and outside of the Flipkart marketplace. It is initially be available for Android users.

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By Kanishka Sarkar  Mar 4, 2024 11:48:45 AM IST (Published)

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Flipkart launches UPI handle in partnership with Axis Bank — Here’s how to use it online and offline
E-commerce marketplace Flipkart on March 3 launched its own unified payments interface (UPI) handle to enhance its digital payment offerings for all customers.

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In the first phase, Flipkart UPI will be powered by Axis Bank. It will initially be available for Android users. Customers can register for UPI with the @fkaxis handle and can do fund transfers and checkout payments using the Flipkart app, the firm said.
Users can now set up their UPI handle for online and offline merchant transactions within and outside of the Flipkart marketplace.
“With UPI emerging as the preferred payment option, the launch of Flipkart UPI will provide unparalleled convenience and zero-cost solutions, democratising access to seamless payment options. The UPI offering will enable smooth onboarding and allow users to conveniently avail of the feature for online and offline merchant transactions within and outside of the Flipkart marketplace,” the company said.
The rival to Paytm and Amazon Pay, Flipkart UPI will also allow users to do mobile recharges and bill payments in one click.
Reflecting on the partnership with Flipkart, Sanjeev Moghe, President & Head - Cards & Payments, Axis Bank, said, “Our partnership with Flipkart has come a long way from launching one of India's most successful co-branded credit cards to now launching the Flipkart UPI service. Customers can now register for UPI with the @fkaxis handle and can do all fund transfers and checkout payments using the Flipkart app. This solution is cloud hosted and hence provides one of the most stable and scalable UPI platforms for customers.”
How to make payments on Flipkart UPI
-Download and install the latest version of the Flipkart app from the Play Store or Apple App Store
-Open the app, look for the 'Flipkart UPI' banner and tap on it
-Tap on 'Add bank account'
-Select the bank that you want to link with Flipkart UPI
-Complete the verification process
Once the verification process is completed, users can make payments using Flipkart UPI just like any other UPI service — by scanning or by selecting UPI at the time of making a digital payment.

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