Tuesday 9 August 2022

PhonePe enables seamless purchase of App Store Codes on its platform

National, August 9th, 2022: PhonePe, India’s leading digital payments platform today announced that users can purchase Apple’s App Store Codes on the PhonePe app. These are unique codes which users can use to pay for digital content such as apps, games, music, and more on the App Store. The customers don’t need to use a debit/credit card or any other mode of online payment.

The codes are available in various denominations on PhonePe starting from Rs 100 and going up to Rs 10,000.

PhonePe customers can now get complete access to the world of entertainment including millions of apps available on the App Store. They also get access to groundbreaking games on Apple Arcade. What’s more, there are over 60 million songs with Apple Music to choose from along with original shows and films with Apple TV+.

PhonePe has been able to enable this service with its partnership with epay, a segment of Euronet Worldwide, Inc., who is the distributor of Apple for App Store Codes in India.

Here's how PhonePe customers can buy & redeem App Store Code:

  1. Click App Store Code under Purchases on the Recharge & Bill Payment page
  2. Enter amount & purchase App Store Code
  3. Post payment, you will receive a code that can be redeemed at appstore.com/redeem
  4. Click on the redemption link that will be sent to you via SMS & email and enter the code
  5. Your Apple ID balance will be updated. Now pay for your favourite services easily.

Notably, App Store Codes can be used only to purchase goods and services from the iTunes Store, App Store, and subscriptions like Apple Music or iCloud storage.

About PhonePe:

PhonePe was founded in December 2015, and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 390+ million registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 30+ million offline merchants spread across Tier 2,3,4 and beyond, covering 99% pin codes in the country. PhonePe forayed into financial services in 2017, providing users with a safe and convenient option to buy 24-karat gold, and has recently also launched silver on its platform. Since then, PhonePe has introduced several Mutual Funds and Insurance products like tax-saving funds, liquid funds, international travel insurance, life insurance, COVID-19 insurance amongst others. Using PhonePe, users can also send and receive money, recharge mobile, DTH, pay at stores and make all their utility payments. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2022 by Trust Research Advisory (TRA).

About epay, a segment of Euronet Worldwide, Inc.

epay, a segment of Euronet Worldwide, Inc. (NASDAQ:EEFT), is a leading global provider of payment processing and prepaid solutions that processed 3.12 billion transactions in 2021. The company has built an extensive network of retailer touchpoints with 760,000 point-of-sale terminals in 63 countries that connects brands with consumers all over the world. The company offers a diverse ecosystem of services, products and solutions supporting the distribution of Payment and Branded Payments for more than 1,000 brand partners via Commerce, eCommerce and mCommerce solutions. For more information visit www.epayworldwide.com.

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