PhonePe Partners With IOCL For Deployment Of PoS Terminals

Posted on:19 Feb 2018 13:45:39
PhonePe Partners With IOCL For Deployment Of PoS Terminals
19 February 2018 Current Affairs: Digital payments entity PhonePe partnered with Indian Oil Corporation Limited (IOCL) for the adoption of its indigenously-designed Point of Sale (POS) device at IOCL retail outlets.

As part of this partnership, customers can pay using UPI, credit and debit cards, PhonePe wallet and other external wallets like Jio Money & Freecharge for their fuel purchases, through the PoS device at 30 IOCL retail outlets in Bengaluru.

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