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PhonePe

Digital payments platform enabling UPI transactions

Manager – Bank Partnerships

Business Development & PartnershipsUpdated on Nov 12
Full-timeBengaluru, Karnataka, IndiaNo salary listed

About the Job

Requirements

  • Six to eight years of overall experience.
  • An established network with public, private, and foreign banks.
  • A proven track record of executing bank partnerships that produce measurable results.
  • Ability to conduct technical, contractual, and financial conversations with banks.
  • Willingness to travel across India for bank and merchant meetings.

Responsibilities

  • Map, develop, and drive strong working relationships with key influencers at assigned banks across merchant referrals, subvention, and affordability tracks.
  • Get PhonePe empaneled and onboarded as a vendor at assigned banks, while ensuring downstream process alignment across relevant cross-functional teams at PhonePe.
  • Lead contract negotiations and coordinate with cross-functional teams including finance, tax, and compliance.
  • Work with assigned banks to build a funnel of merchant prospects for the sales team to convert, and evaluate merchant subvention requests with banks.
  • Liaise with solutions and product teams to deliver required bank customizations by sizing opportunities and securing prioritization.

Desired Qualifications

  • Ability to think strategically and influence cross-functional teams.

About the Company

PhonePe

Digital payments platform enabling UPI transactions

PhonePe is a digital payments platform in India that uses the Unified Payments Interface (UPI) to enable fast, secure transfers between bank accounts for individuals and merchants, and it also offers insurance and investment products. Users link their bank accounts in the PhonePe app and make transfers with a few taps, while the company earns through transaction fees, commissions on insurance and investment sales, and merchant partnerships. It stands out by commanding a large share of the UPI market and creating an open transaction ecosystem that combines payments with insurance and investments. Its goal is to broaden digital payments across India, reaching the next billion users and strengthening the country’s financial ecosystem.

Company size
10,001+
Company stage
Growth Equity (Venture Capital)
Total funding
$2.5B
Headquarters
Bengaluru, India
Founded
2015

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