Digital payment platform PhonePe has introduced micro-apps for hospitality company chain OYO, bus ticketing platform Abhibus, and Flipkart group company Myntra. The move is part of PhonePe\u2019s effort to create an open payment ecosystem for businesses and users to connect with each other, and also take their offerings to over 100 Mn PhonePe users.\u00a0For instance, using PhonePe app, users will now be able to book over 125K OYO rooms spread across India. \u201cOur users get to avail the best of services through their PhonePe app without the hassle of installing multiple apps, and enjoy the comfort and sense of security while making payments through PhonePe,\u201d PhonePe in-app platform head Rituraj Rautela said. Homegrown ecommerce platform Flipkart-owned PhonePe has already introduced similar micro-apps for online bus ticketing platform redBus, cab aggregator Ola Cabs, GoIbibo Hotels and Flights, and online shop for eyeglasses and sunglasses Coolwinks. \u201cWe want them to control their stores and decide how they want to grow their business and reach on our platform, while we just facilitate distribution, seamless transition to partner stores and payments,\u201d Rautela said. According to Rautela, PhonePe is currently focussing on bringing partners across industries such as travel, commute, food, hyperlocal, retail, entertainment, etc. He added, \u201cWe wish to ensure that this platform makes it very simple and cost-effective for anyone to make their services available to a very large set of Indian users, who are digitally-savvy and comfortable with online payments.\u201d India's Thriving Digital Payment Industry As Mahatma Gandhi said, \u201cEvery worthwhile accomplishment, big or little, has its stages of drudgery and triumph: a beginning, a struggle and a victory.\u201d Today, standing at the cusp of a digital payments revolution with millennial consumers taking a 34% share of the total population, India has truly found its place at the start of its fintech growth curve. The frontrunners of the digital race are players such as Paytm, PhonePe; apps from foreign players like WhatsApp, Google and Amazon; and government supported initiatives like UPI-based BHIM, Aadhaar Payment app and BharatQR In July 2018, PhonePe claimed the top spot among overall UPI transactions with 100 Mn payments and a 40% share of the market.\u00a0The platform drives nearly 70% of overall merchant transactions on the UPI network. India\u2019s number of mobile payment users surged 75.5% from 32 Mn in 2016 to 56.2 Mn in 2017, according to eMarketer January 2018 report. The digital technology-driven industry alone represented about 40% of the country\u2019s GDP in 2015. At such scenario, India\u2019s digital transaction value is forecasted to reach $73 Bn by 2020, and its growth in India is largely attributed to the thriving penetration of smartphones \u2014 estimated to reach 14 million units in that year.