TRUSTED BY
Affordability Suite
By PhonePe PG
PhonePe PG handles all the heavy bank calculation protocols behind the scenes, offering your users instantaneous instalment approvals right inside the checkout layer.
Deep Banking Networks
Offers immediate access to installment networks across major public and private Indian banks at checkout.
Debit Card Financing
Enables installment plans for qualified users using their standard debit card accounts without requiring heavy credit files.
Cardless EMI Integration
Leverages modern fintech lending providers to empower consumers who don’t hold physical plastic credit cards.
No-Cost EMI
Set up marketing-friendly No-Cost EMI promotions by discounting processing interests natively inside the merchant board.
EMIs for
Every Industry
Empower users to comfortably say "yes" to premium tier purchases across diverse consumer-facing sectors.
Consumer Electronics
Accelerate sales for premium smart devices, laptops, and home appliances through split financing options.
Higher Ed & EdTech Platforms
Make long-term professional development programs and technical diplomas budget-friendly for students via split tenures.
Home Decor & Furnishings
Help home buyers manage large interior design setups and high furniture bills via divided, low-stress timelines.
Travel & Premium Tour Packages
Convert premium family vacation packages and high-ticket international flights into manageable, bite-sized payments.
Trusted by
India's Largest Online Brands
Trusted by India's
Largest Online Brands
"In E-commerce, the right Payment Gateway partnership is crucial. PhonePe PG streamlined our Payments, & reduced cart abandonment. PhonePe PG exceeded our expectations with a top-notch product & impeccable support.”
Suman Patra
Co-founder
"redBus is committed to redefining travel through technology. Collaborating with PhonePe PG allows us to leverage their robust Payment infrastructure, ensuring reliability and innovation for millions of our customers.”
Rithish Saralaya
SVP Engineering
"Our partnership with PhonePe Payment Gateway has been seamless and highly efficient. Their robust tech, smooth integration, & reliable support played a key role in enhancing our customer experience. We truly value this collaboration.”
Vikash Goyal
CSO
"As GIVA expands, a trusted Payment partner at every touchpoint is vital. PhonePe PG offers us reliability across our national stores and on our app. Their support scales with our growth, and that consistency makes all the difference for us.”
Ishendra Agarwal
Founder
"Our partnership with PhonePe PG has been a pivotal factor in our success story. With PhonePe PG's user-friendly interface and seamless Payment processing, we can continue delivering exceptional service to our valued customers.”
Ritu Shah & Minita Parekh
Co-founders
"Partnering with PhonePe Payment Gateway enabled us to expand our D2C business and transform period care across India. Its seamless integration and dependable partner support means our online customers' experience lives up to our brand's Zero Irritation promise.”
Ravi Ramachandran
Co-Founder & CEO
Comprehensive Solutions
Comprehensive
Solutions
To keep your Business Ahead of the Rest
Automate flexible subscriptions for steady cash flow.
Faster, error-free checkouts using tokenized cards boost revenue.
Accept International Payments, simplify growth.
Send Payment links (WhatsApp/SMS/Email), get paid instantly
Dynamic QR codes enable UPI, reducing errors and boosting success.
Digital doorstep Payments replace COD, cutting cash handling costs.
EMI affordability suite FAQs
What is the PhonePe PG EMI and Affordability Suite?
It is a collection of payment options, including Credit Card EMI, Debit Card EMI, No-Cost EMI, Cardless EMI integrated directly into the PhonePe Payment Gateway checkout. It helps merchants convert high-ticket carts into smaller monthly installments, boosting conversion rates and increasing average order value (AOV).
How does No-Cost EMI work for merchants using PhonePe PG?
With No-Cost EMI, the customer pays only the total price of the product divided by the installment tenure, paying zero interest. PhonePe PG calculates the interest charged by the partner bank and applies it as an instant discount at checkout. The merchant absorbs this interest cost (subvention) and receives the product amount minus the subvention discount and processing fees.
Which banks and financial partners are supported in the Affordability Suite?
The suite supports EMI options across major Indian issuing banks (including HDFC, ICICI, SBI, Axis, Kotak, and IndusInd) for both Credit and Debit Cards. It also integrates leading NBFCs, cardless EMI networks, and BNPL partners, enabling real-time pre-approved credit checks directly on the checkout screen.
Does the merchant have to wait for monthly installments to receive their payout?
PhonePe PG settles the full transaction amount (minus standard gateway charges and subvention fees) directly to the merchant's bank account upfront within the regular settlement cycle ( T+2 days). The issuing bank or NBFC handles collecting the monthly repayments from the customer over their chosen tenure.
What is the PhonePe PG EMI and Affordability Suite?
It is a collection of payment options, including Credit Card EMI, Debit Card EMI, No-Cost EMI, Cardless EMI integrated directly into the PhonePe Payment Gateway checkout. It helps merchants convert high-ticket carts into smaller monthly installments, boosting conversion rates and increasing average order value (AOV).
