PhonePe Payment Gateway adds ‘Bolt’ to secure Visa, Mastercard payments via app

PhonePe Payment Gateway has launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, the company said on Saturday (January 10, 2026).

The solution utilises device tokenisation to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners, the company said in a statement.

Yuvraj Singh Shekhawat, Chief Business Officer of Merchant Business at PhonePe, said that the launch of PhonePe PG Bolt feature for Visa and Mastercard is a significant step in the company’s journey to simplify digital payments for millions of Indians.

“By leveraging device tokenisation, we will enable users and merchants to move away from the traditional, cumbersome checkout process to a secure, one-click payment experience. This not only enhances user convenience but also empowers our merchant partners to maximize their growth through industry-best success rates and reduced drop-offs,” he said.

The new feature allows users to tokenise their Mastercard and Visa cards once on the PhonePe app, enabling them to use their saved cards across any merchant integrated with PhonePe PG instead of having to tokenise their card separately with every merchant.

By replacing sensitive card details with secure tokens, the system removes the requirement for CVV entry during subsequent transactions carried out on the same device, the statement said.

This architecture reduces the number of steps in the payment journey, maintaining the user within the merchant’s app environment throughout the process and eliminating traditional redirects to external pages.

By utilising PhonePe’s native SDK, merchants can achieve higher transaction success rates and significantly faster checkout speeds, the statement said.

“This efficiency is driven by the elimination of manual card entry and the reduction of technical hand-offs between payment entities. Additionally, the solution provides merchants with a customizable interface that integrates directly into their existing app flow, helping maintain brand consistency while reducing transaction drop-offs,” the statement said.