Foodpanda partners with PhonePe to strengthen their digital payment portfolio

Users will be able to leverage an array of payment options- PhonePe Wallet, UPI, Credit/Debit cards.
The announcement is timed to allow users to get maximum benefit while ordering this cricket season

New Delhi, April 24, 2018: Foodpanda, India’s leading online marketplace for food delivery today announced its partnership with PhonePe to enable seamless digital payments for all its users. As an introductory offer, users paying through PhonePe can avail a cashback of 50% up to Rs 100 on their first order. Through the partnership, the consumers will be able to choose from several payment options such as PhonePe Wallet, UPI (Unified Payment Interface), Credit and Debit cards to pay for their food orders on Foodpanda.

Commenting on the partnership, Anuj Sahai, Head of Partnerships & New Initiatives, Foodpanda said, “We at Foodpanda are constantly working towards making the customer experience better and add more options to ease the food ordering process. The partnership with PhonePe is in sync with the country’s swift movement towards digital payments considering they are less time consuming, secured and reliable. Like this, we intend to enter several other partnerships in the future to create a robust food tech ecosystem for all our stakeholders.”

On the partnership, Pradeep Dodle, Head- Business Development, PhonePe said, “At PhonePe, we are working to create a smooth and secure payment ecosystem that is conducive to all types of digital transactions be it using wallets, UPI or debit and credit cards. Online food ordering is a fast growing use case that has gained significant popularity among consumers. With this partnership with Foodpanda, PhonePe customers would be able to pay for their food orders faster. “

With the widest reach in the country, Foodpanda intends to cater to the needs of today’s consumer and consequently create a strong business proposition for the partner restaurants. Endeavours such as targeted partnerships for payments, personalisation of offerings and creating virtual food festival properties like What the Feast are a bow to the next wave of digital revolution in the country.

About Foodpanda

Foodpanda is India’s leading online food ordering and delivery platform. With menus from 20000+ restaurants across 150+ cities in India available on its cutting edge app & website, foodpanda is leading people discover and order great food every day. In December 2017, Ola acquired foodpanda with a commitment of infusion of funds to the tune of INR 1300 crores from parent ANI Technologies Pvt Ltd.

About PhonePe

Bengaluru-headquartered PhonePe is the fastest growing payments company in India. With over 90 million installs, the PhonePe App drives the highest number of merchant UPI transactions in India. Using PhonePe, users can send and receive money, recharge mobile, DTH, datacards, make utility payments, buy gold, shop online, and offline. Customers can also use PhonePe as a payment option across 3 lakh offline and online merchant outlets covering food, travel, groceries, movie tickets etc.