becomes the first Fin-Tech company in India to adopt Internet eXchange for an effective nationwide roll out
PhonePe, one app for all things money, and Extreme IX, India’s largest Internet Exchange Point, have joined hands to form a partnership that will enable faster digital payments experience for over 400 million PhonePe users. The payments app became the first digital payments company to participate in an Internet Exchange in India.
This industry first partnership will help decrease latency for PhonePe users irrespective of their location or ISP in India.
The partnership will allow PhonePe customers across India to easily and swiftly administer their day to day financial transactions. Extreme IX has 30 points of presence in 5 cities in India. It democratises access to content by operating a neutral and faster interconnection platform in the country.
More than 450 networks which includes Internet Service Providers and prominent Content Delivery Networks like Netflix, Amazon, Google, Microsoft, Akamai to name a few, are connected to Extreme IX fabric.
India, April 13th, 2022
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