PhonePe is a digital payment platform based in India that allows users to make transactions using their smartphones. Launched in 2015, it enables users to pay bills, transfer money, and make online purchases easily. The app supports various payment methods, including UPI (Unified Payments Interface), credit and debit cards, and wallets. The platform has gained popularity due to its user-friendly interface and secure transactions. PhonePe also offers additional services like insurance, investments, and recharges, making it a comprehensive financial tool for millions of users across India.