Flipkart Launches UPI Handle : Digital payments

Flipkart, one of the leading e-commerce platforms in India, has launched its own Unified Payments Interface (UPI) handle to enhance its digital payment offerings for all customers, including its 500+ million customers. The Flipkart UPI handle, powered by Axis Bank, is called “@fkaxis” and offers users a convenient way to make payments, transfer funds, and earn rewards like Supercoins, cashbacks, brand vouchers and more.

What is Flipkart UPI handle?

UPI is a real-time payment system that enables multiple bank accounts to be linked to a single mobile application. It allows users to send and receive money instantly using a virtual payment address (VPA) or UPI ID, without requiring bank details or IFSC codes. Flipkart UPI handle is a VPA that starts with “@fkaxis” and can be used to pay for any product or service on the Flipkart app, as well as outside the Flipkart marketplace. Users can also scan and pay to any UPI ID, or do recharges and bill payments using the Flipkart app.

How to use Flipkart UPI handle?

To use Flipkart UPI handle, users need to have an Android device and the latest version of the Flipkart app. Users can register for UPI with the “@fkaxis” handle by following these steps:

• Open the Flipkart app and tap on the “Payments” icon on the bottom navigation bar.
• Tap on “UPI” and then on “Create UPI ID”.
• Enter your mobile number linked to your bank account and verify it with an OTP.
• Select your bank from the list of available banks and confirm your bank account details.
• Set your UPI PIN by entering your debit card details and OTP.
• Choose your preferred VPA from the list of suggestions or create your own VPA with “@fkaxis” suffix.
• Tap on “Create” and your Flipkart UPI handle is ready to use.

What are the benefits of Flipkart UPI handle?

Flipkart UPI handle offers several benefits to users, such as:

• Convenience: Users can make payments with just a few taps on their phone, without entering bank details or OTPs every time.
• Security: Users can securely pay using their UPI PIN, which is known only to them and not shared with anyone else.
• Rewards: Users can earn Supercoins, cashbacks, brand vouchers and other benefits by using Flipkart UPI handle for their transactions.
• Instant refunds: Users can get instant refunds for their cancelled or returned orders directly to their bank account through Flipkart UPI handle.

How does Flipkart UPI handle boost India’s digital economy vision?

Flipkart UPI handle is aligned with India’s vision of becoming a digital economy, as it promotes cashless transactions, financial inclusion, and innovation. By launching its own UPI handle, Flipkart aims to provide a seamless and rewarding payment experience to its customers, as well as drive adoption of digital payments among millions of Indians. Flipkart also partners with various banks, payment service providers, and fintech companies to offer diverse payment options to its customers.

Flipkart UPI handle is a testament to Flipkart’s commitment to shaping a digitally empowered society and reaffirming its role as a leading catalyst in India’s digital evolution.

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