Flipkart is soon launching Flipkart UPI- Bharat ka apna UPI Payment service in India. They announced it on February 25th, and it’s going to be a game-changer. However, this might not come as a surprise to some folks. Rumors were floating around since January that Flipkart was testing UPI payments with a select group of users. And now, it looks like they’re ready to roll it out to everyone. Let’s find out what Flipkart UPI and everything you need to know about.
What’s UPI?
UPI stands for Unified Payments Interface, and it’s a system that allows you to make instant payments directly from your bank account using your smartphone. It’s fast, secure, and super convenient – no more fumbling for your credit card details every time you want to make a purchase.
What’s the deal with Flipkart UPI?
Well, it’s all about making payments easier and more convenient. With Flipkart UPI, you’ll be able to do things like Scan & Pay, transfer money, and shop online – all right from the Flipkart app.
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Now, some of you might be wondering – why is Flipkart doing this when they already have PhonePe? Well, here’s the thing: Flipkart and PhonePe used to be part of the same family, but they split up in 2022. Since then, Flipkart has been looking for ways to get into the payments game. And it looks like Flipkart UPI is their answer.
Flipkart- UPI launch date?
Flipkart UPI was launched on 01st March, 2024. There is a option of ‘Scan & Pay’ on the homepage of the Flipkart app. After clicking on it, on the middle tab, You have the option to Scan any QR code or select a QR code from the gallery. On the first tab, You can send money to your contacts. On the last tab, You have to option to create your own UPI id, Add your bank account as well as adding your Rupay credit card.
For example, find the below image for your reference:
How to order using Flipkart UPI?
- First, open the Flipkart app on your phone or its website on your laptop.
- Look through all the things you want to buy and put them in your cart.
- When you’re done shopping, go to your cart and click on “Checkout.”
- On the payment page, choose “Flipkart UPI” as your payment method.
- If you haven’t already, put in your UPI ID. If you have, just enter your UPI PIN.
- Double-check your order and hit the “Place Order” button.
- After that, you’ll need to pay using your UPI app. Just enter your PIN, and you’re done!
- You’ll get a message confirming your order, and that’s it!
What are the benefits?
Well, for first flipkart order using Flipkart UPI, you’ll get a Rs 25 instant discount on your order when you use Flipkart UPI. Plus, you’ll earn 10 Supercoins for your first 5 Scan & Pay transactions.
Flipkart UPI Benefits and Offers
- Instant Discounts: Users can avail ₹25 instant discount on their first Flipkart order made using Flipkart UPI, enhancing the appeal of the platform for new users.
- Reward Scheme: Additionally, users stand to gain 10 Supercoins for their initial 5 Scan & Pay transactions, adding value and incentivizing engagement with the platform.
What’r the Features?
Flipkart users can expect a range of features with Flipkart UPI, including Scan & Pay, Money Transfer, and seamless online transactions.
Flipkart UPI isn’t just about making payments – it’s also about making your shopping experience smoother and more seamless. With Flipkart UPI, you won’t have to worry about entering your card details every time you make a purchase on Flipkart. With Flipkart UPI, you’ll be able to make payments for all your Flipkart orders right from the Flipkart app.
Who’ll the main competitor of Flipkart UPI?
Now, Flipkart UPI is entering a crowded market. There are already some big players out there like Amazon Pay UPI, PhonePe, Paytm, and Google Pay. Below will be some of the main competitors of Flipkart UPI:
Amazon Pay UPI is one of the most popular among all UPIs. It lets you place order on amazon and other places using your bank account directly. Plus, you can get cashback, coupons and discounts when you use it.
Paytm is another big name in digital payments. You can use it to pay bills, recharge your phone, and even book movie tickets – all with just a few taps on your phone. And like Amazon Pay UPI, you can earn cashback and rewards when you use it.
Google Pay is another big name with one of the highest market share in UPI. You can use it to pay for stuff in stores, online, and even send money to your friends – all without any fees. Plus, Google Pay often runs promotions where you can win cool prizes and rewards.
Final words
In the end, it’s all about convenience and rewards. Whichever digital payment platform offers the best deals and the easiest user experience is likely to come out on top. And with so many options to choose from, consumers are the ones who ultimately win.
FAQs on Flipkart UPI
Q1: What sets Flipkart UPI apart from others?
A: Flipkart UPI plans to use its large number of users and its online shopping platform to make paying easier. With special deals for new users and a simple interface, Flipkart UPI hopes to get a lot of people to use it for payments.
Q2: What is the Flipkart UPI launch date?
A: It was launched on 01st March, 2024.