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News1811-01-2026, 15:00

PhonePe Launches 'PG Bolt' for Visa, Mastercard: Faster, Secure One-Click Payments!

  • PhonePe introduces 'PhonePe PG Bolt' for Visa and Mastercard users to accelerate credit/debit card transactions.
  • The new feature uses advanced 'device tokenization' technology for secure, in-app checkout experiences.
  • It enables 'one-click' payments, eliminating the need for repeated card detail entry and reducing transaction drop-offs.
  • Tokenization needs to be done only once in the PhonePe app, allowing use with any integrated merchant.
  • Enhanced security with coded tokens instead of sensitive card details, removing CVV entry for subsequent transactions on the same device.

Why It Matters: PhonePe's PG Bolt revolutionizes digital payments with one-click, secure, and faster card transactions.

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