Fintech firm PhonePe has partnered with ride-hailing platform PickMe to facilitate UPI-based payments for Indian travelers in Sri Lanka, the Walmart group firm announced on Thursday. This collaboration follows PhonePe’s recent partnership with LankaPay, allowing users to pay via UPI across the island nation.
“Our partnership with PickMe exemplifies our commitment to providing Indian travelers with convenient and trusted payment solutions,” said Ritesh Pai, CEO of PhonePe – International Payments. “Previously, navigating payments in a new country could be a hassle. Now, with PhonePe, Indian tourists visiting Sri Lanka can enjoy the ease and security of UPI payments for their rides.”
The collaboration follows the launch of PhonePe in Sri Lanka last month, where Indian High Commissioner Santosh Jha encouraged Sri Lankan companies to engage with Indian firms to leverage the UPI stack for innovations in hotel bookings, cab bookings, delivery services, and more.
Jiffry Zulfer, CEO of PickMe, stated, “Currently, we are the only ride-hailing platform in Sri Lanka to offer such a service to Indian travelers, and we hope to continue to innovate to make our ride-hailing service a convenient, safe, and cost-effective mode of transportation for everyone. This collaboration not only enhances convenience for Indian travelers but also supports our mission to drive digital transformation in Sri Lanka’s transportation sector.”