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Mumbai: PhonePe Payment Gateway (PhonePe PG) on Tuesday announced a strategic collaboration with Mastercard, a global technology company in the payments industry, to launch its device tokenisation solution.

Announced at the Global Fintech Fest (GFF) 2025, the initiative brings Mastercard’s network tokenisation capability to PhonePe PG’s merchant platform, expanding secure payment options for online businesses. This is a significant milestone in transforming the checkout experience for millions of customers.

In addition, ixigo, one of India’s leading AI-powered travel platforms and the exclusive partner for powering flights, bus, and train bookings on PhonePe, has integrated PhonePe PG to offer millions of users fast

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