Flipkart UPI To Challenge Amazon Pay, Google Pay, PhonePe & Others: Here’s How to Sign Up for Flipkart UPI

Flipkart UPI To Challenge Amazon Pay, Google Pay, PhonePe & Others: Here’s How to Sign Up for Flipkart UPI،

After the RBI ban on PayTM, one of the most popular services, Flipkart seems to be hoping to seize the opportunity by launching its own UPI solution. The company announced that it will launch Flipkart UPI to compete with other players in the fintech industry such as Amazon Pay, PhonePe, Google Pay and PayTM UPI.

Flipkart already offers financial services such as Flipkart Pay Later and Flipkart Axis Credit Card, and the company appears to be expanding its services to include UPI as well. Initially, the UPI service will only cater to Android users and will eventually expand to iOS users as well.

Users will be able to create their UPI ID and use it for online and offline merchant transactions. And like any other UPI ID, it will work both inside and outside the Flipkart app. This service is in partnership with Axis Bank.

With over 500 million registered users, Flipkart aims to compete with established UPI platforms like Google Pay, Amazon and PhonePe. The company highlighted that Flipkart UPI is able to significantly influence India's digital payment system.

It aligns with the vision of the digital economy and strategically addresses the growing adoption of digital payments. This move also provides an opportunity for millions of new users to benefit from the UPI ecosystem.

Sign up for Flipkart UPI

Flipkart has already started rolling out the service for select users. You can sign up for the service and add your RuPay bank account or credit card to get started. Once registered, you can start using Flipkart UPI to carry out your daily transactions.

Flipkart offers new customers a ₹25 off on the first Flipkart order made using Flipkart UPI. The company also offers users ten Super Coins for every transaction done using the Scan to Pay functionality.

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If you want to try Flipkart UPI, follow these simple steps:

Open the Flipkart app.
Look for the Flipkart UPI banner in the bottom left corner. If you don't see it, tap “Scan and pay” under the featured banners.
Press on “My UPI” at the bottom right.
Select “Add a bank account” Or “Add a RuPay credit card.” For this example, let's choose “Add a bank account.”
Choose your bank from the list.
Allow all permissions requested by Flipkart to register your bank account with Flipkart UPI.
Select the SIM card associated with your bank account and wait a few seconds.
So ! You have successfully configured Flipkart UPI.

Now you can copy your Flipkart UPI ID from here and use it like any other UPI ID. Apart from this, you can directly use the Flipkart app to scan a QR code, pay bills, do recharge or pay any UPI ID or phone number.