Flipkart made a grand entry in the UPI market, launched its payment app

Flipkart has launched a new app for UPI payment. Its beta version is available on the Play Store and users can download it and experience it. 

Indian e-commerce platform Flipkart has launched its payment app. It has been launched in the market under the name Super.Money. Flipkart has launched its app in the market after separating from Phone Pay. Flipkart separated from Phone Pay about one and a half years ago, but Phone Pay is still owned by Walmart.

The beta version of Walmart’s new app is available on the Play Store. From here, users can make mobile payments after downloading the app. Users making online payments are going to have a different experience with the app. Also, the company says that changes will also be made in it according to the feedback of the users. The company says that with the help of Super.Money, users will get cashback and it is going to offer different cashbacks and not useless rewards.

That is, Android users can use this app right now.

The Flipkart Group firm is also working on it. Full attention has also been paid to the security of the users. This is the reason why users can use the card during payment and their entire information will be safe. The company spokesperson has clarified that their app has come in the market and the interface has also been taken care of to improve the user experience.

Many changes will also be made in it according to the feedback of the customers in the coming weeks. Sanjeev Bhasin said that Reliance and HDFC will maintain their hold on Nifty, while due to the sharp rise in midcap, some more consolidation and profit booking may happen.

The stock market is trading with weakness on Monday. Nifty is trading around 22000. Meanwhile, stock market expert Sanjeev Bhasin has said that Nifty will touch new heights in April. Sanjeev Bhasin, Director, IIFL Securities, said that Reliance and HDFC will continue to hold Nifty, while midcap may see some more consolidation and profit booking due to sharp gains and small midcap may fall due to SEBI’s order

on mutual funds holding, but this is a broad market opportunity for buying. Bhasin said that Nifty is going to reach new highs by the first week of April, so this consolidation may last for another week. Bhasin further said that do SIP on these four metal stocks –

Hind Copper, Vedanta, SAIL and NALCO, which can give you good profits. Bhasin said that Reliance may face some pressure due to unexpected tax.

Their chemical business on the other hand is doing very well and I think this is globally because China is back and there is demand again in copper as well as specialty chemicals,

so apart from retail and Jio, the real money is coming from the Oil & Chemical (O2C) business and this should be a positive for Reliance because that is where they have invested in the last 10 years and now the return on capital will come from there.