Flipkart launched its own payment app, will it compete with GPay?

Flipkart UPI App:  Flipkart, a Walmart company, has launched its payment app. Its name is Super. money and it is currently in the initial testing phase which is called beta testing. According to a TechCrunch report, this app will allow users to make mobile payments with the help of UPI. This app is currently available on Google Play Store for Android smartphones.

Just like other UPI apps, you will be able to make mobile payments through the Super. money app. The company says that their app will be different from other apps. Super. money will give more beneficial rewards and will also be easy to use. The company also says that the app will be improved further in the coming weeks by taking feedback from users. 

Flipkart was separated from PhonePe

It is worth noting that Flipkart had announced its separation from PhonePe in the year 2022. Flipkart bought PhonePe in 2016 but later both separated in 2022. However, the parent company of both companies is still Walmart.

Features of Super.money app

The beta version of the Super. money app is available on the Google Play Store. It can be downloaded from the Google Play Store. The specialty of the app is that it will not give useless rewards like coupons, scratch cards, or coins but will give cashback directly. Along with this, this app will also offer pre-approved credit in collaboration with loan partners. Not only this, you can also open a fixed deposit account in banks through the Super. money app.

According to a TechCrunch report, Super. money's chief executive and founder Prakash Sikaria says that the field of digital payments and financial services is changing rapidly and this is a great opportunity for innovation. His goal is to provide financial services to as many people as possible using UPI.