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PhonePe's Big Plan: 20,000 Jobs, 50 Lakh+ Devices in 1 Year.
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CNBC Awaaz•24-09-2026, 17:01
PhonePe's Big Plan: 20,000 Jobs, 50 Lakh+ Devices in 1 Year.
- •PhonePe announced plans to recruit 20,000 On-roll Sales Employees in the next 12 months.
- •The company aims to strengthen its Merchant Network in small towns and villages across the country.
- •PhonePe will install over 50 lakh devices, including Smart Speakers and Point-of-Sale Terminals, within 12 months.
- •These devices will facilitate easier digital payment acceptance for shopkeepers in rural and underserved areas.
- •Following the MDR Framework, PhonePe is investing in merchant expansion to boost digital payment reach.
Key Questions Answered
PhonePe plans to recruit over 20,000 on-roll sales employees and deploy more than 50 lakh payment devices, including smart speakers and point-of-sale terminals, across the country over the next 12 months.
The expansion is supported by NPCI's decision to impose a 0.4% fee on selected UPI merchant transactions, with a portion of the MDR amount dedicated to funding small-merchant expansion in areas with low digital reach.
The company's core focus is to strengthen its merchant network in small towns, Tier-6 towns, and rural villages by connecting more shopkeepers and small businesses to its digital payment platform.
