Online platform for small Indian businesses
PhonePe Business is a free business application for mobile being offered by PhonePe. It’s an e-commerce platform and online marketplace that lets users create pages for their businesses. It helps them reach more customers to be able to offer their products and services, as well as connect with other establishments.
Just like Shopify or Squarespace, PhonePe Business serves as a platform to help jumpstart small Indian businesses by letting them be a part of a large community of sellers and customers. It also offers multiple payment methods to promote fast and secure online transactions and payments.
e-Commerce platform for India
When talking about e-commerce, the conversation can’t go without mentioning Amazon. The popular platform pretty much pioneered online shopping in the West. While the service has slowly made its way to Eastern markets, it’s far from a wide proliferation and isn’t particularly ideal for small businesses that are just starting out. If you’re part of the latter, PhonePe Business offers a compelling alternative.
This program is an e-commerce platform geared toward the Indian market. It is home to a community of over 43 million users with whom you can interact and offer your products and services. Once registered, you can immediately create a business page and add listings for everyone to see and browse through, so they can start availing of items from your store.
One of the biggest challenges of a business is gaining the trust and confidence of customers. This platform helps by offering multiple payment methods for reliable and secure transactions. A few things to note are some login issues and that transaction payments can take a long time to process and for the cash to get deposited into your account. Hopefully, a fix update arrives for them soon.
A virtual marketplace
All said, PhonePe Business is a solid alternative to other more established e-commerce platforms, and is better suited to small and medium businesses. It is home to a large community of users you can reach and mediates transactions for better security and buyer’s peace of mind. If you live in India and just put up your own business, give this one a look.