The New Product Will Allow PhonePe Customers To Buy And Sell 24 Karat Gold Digitally Via Its App
Flipkart-owned digital payments platform PhonePe has forged a partnership with SafeGold to launch a digital gold product. As per the official statement, users will now be able to buy and sell certified 24-karat gold via the PhonePe app.
The development comes nearly eight months after rival Paytm unveiled a similar product in April this year, in collaboration with MMTC-PAMP.