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The partnership will allow PhonePe customers across India to swiftly administer their day-to-day financial transactions
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PhonePe and Extreme IX have announced a partnership that aims to reduce latency in the app while doing transactions. This partnership will enable faster digital payments that are experienced by over 370 million users.
The partnership will allow PhonePe customers across India to swiftly administer their day-to-day financial transactions. Extreme IX said that its peering will significantly reduce the bandwidth cost of ISP and would improve the user-end experience.
Extreme IX has its presence in five cities in India. Jay Chawda, head of engineering for data centre and networks said, "PhonePe has always been at the bleeding edge of technology, and we are constantly striving to make the payment experience on our app seamless for customers. The big driver for us to become the first digital payments platform to become early adopters of this technology was that we wanted to stay away from the instability of Internet networks and provide stable, direct connectivity with our CDN. We partnered with Extreme-IX as their wide geo-presence in India has enabled an effective rollout for us."
Both the companies believe that they will have a positive impact on improved technology infrastructure and awareness of the need to partner with an Internet Exchange to support the digitisation of operations in the education, finance and telecom sectors.
(With Inputs From Agencies)