About Phi
Phi Commerce is a digital payments company delivering omnichannel payment solutions across both acquiring and issuance domains. Its technology empowers payment providers and enterprises to offer seamless and flexible payments across online, in-store and on-the-go channels. Phi Commerce is a Reserve Bank of India licensed Payment Aggregator and offers a unified digital payments and lending suite that addresses both B2B and B2C needs on a global scale. Backed by investors including Beenext, Opus Ventures and DG Strategic Investment Inc, the company is present in India and Singapore , with expansion plans underway in other global markets. Phi Commerce was recognized as the “Best in Class Payment Startup in the Established Fintech Category” at the 2024 Assocham Annual Fintech Excellence Awards.
Awards & Recognition
2024

“Best in Class Payment Startup in established Fintech Category” at the 2nd India International Fintech Festival
2020

Visa Everywhere Initiative, 2020
2019

Winner at Visa Everywhere Initiative (VEI) India 2020
“India is probably the most complex payment market in the world, with all sorts of payment form factors. The Phi Commerce team has built a remarkable product covering end-to-end omnichannel payments at scale. Their technology solution is scalable across the globe, and we are proud to partner with the Phi team in their journey.”
Hero Choudhary
Partner at BEENEXT
Our Achievements: A Streak of Firsts

Proud Partners for

Our Founding Pillars
The Phi Commerce founding team holds over 150 years of cumulative experience in the payments industry. Comprised of digital payments specialists and technology pioneers who spearheaded payment innovations across 20 countries, the team united to realize the shared goal of creating a strong omnichannel economy.