PhonePe is planning to enter the stockbroking business
PhonePe is planning to enter the stockbroking business SECTIONS Share Synopsis PhonePe intends to tap its existing customer base to leapfrog established players Zerodha and Upstox and new rivals Paytm Money in the stockbroking business. ETtech PhonePe’s plans to enter India’s retail stockbroking market comes at a time when it has been asked to moderate its volume on UPI to comply with NPCI’s new rules for third-party applications. (Illustration: Rahul Awasthi/ETtech) Mumbai:PhonePe, India’s second largest digital payments company, is planning to enter the stockbroking business, a move...