PhonePe joins hands with OpenAI, UPI payments will become even easier with the help of AI

PhonePe joins hands with OpenAI, UPI payments will become even easier with the help of AI
PhonePe- India TV Hindi
Image Source : PHONEPE/X
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PhonePe: PhonePe and OpenAI announced a strategic partnership on Thursday. PhonePe announced a partnership with OpenAI to bring ChatGPT features to its users in India. Flipkart-owned Unified Payments Interface platform will integrate the San Francisco-based artificial intelligence giant’s technology into its platform. PhonePe stressed that this move will improve the user experience on its platform and help them make better and more informed purchasing decisions. The company said in a statement that with this collaboration, PhonePe users will get ChatGPT’s advanced AI services directly through PhonePe Consumers App and PhonePe for Business App.

ChatGPT-based experiences will be available on PhonePe

Although the full chatbot interface will not be accessible from PhonePe’s consumer app and PhonePe for Business app, users will still get ChatGPIT-based experiences across the platform. The post states that the AI ​​assistant will help users get essential information related to everyday needs, from planning their next trip to shopping.

It is worth noting that this is not the first payment company that has partnered with this AI giant. In October, Razorpay had announced that it had partnered with OpenAI and National Payments Corporation of India (NPCI) to bring agentic AI-based Unified Payments Interface (UPI) transactions on ChatGate.

PhonePe and OpenAI enter into a strategic partnership

In a press release, PhonePe announced the collaboration with the AI ​​giant and said the move is aimed at increasing the adoption of ChatGPT in the country as well as ‘foster mutual business growth’. Under this agreement, the UPI platform will integrate ChatGPT’s features to help users in various tasks.

OpenAI expressed happiness

“Our collaboration with PhonePe is an important milestone in our mission to make AI more accessible to people across India. India is a global hub of innovation and PhonePe’s deep understanding of the fabric of the country and its user base makes it an ideal partner,” said Oliver Jay, Head of International Strategy at OpenAI. Oliver Jay said the partnership will demonstrate the broader value of AI to users across India, helping millions of customers improve their daily lives.

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