PhonePe Update: Invest in digital gold for just ₹10, PhonePe launches 'Daily Savings' scheme..

Fintech firm PhonePe has partnered with micro-savings platform JAR to introduce a new product 'Daily Savings' on its platform. This will allow users to invest in 24-carat digital gold through daily contributions. Under this new product, users will be able to invest a minimum of Rs 10 and a maximum of Rs 5,000 in digital gold daily.

According to the company, this will enable users to form the habit of saving continuously. The company's statement said that 'Daily Savings' is powered by JAR's integrated gold tech solution. Through this, you can invest in digital gold in less than 45 seconds.

There is a rapid increase in the adoption of digital gold.
InApp Category Head (Consumer Payments) Niharika Saigal said, "We have seen a significant increase in the adoption of digital gold on our platform in recent years. We are thrilled to introduce Daily Savings, a product designed to facilitate small savings every day through 24-carat digital gold. By starting small and saving consistently, users can work towards achieving their financial goals.”

What is digital gold?
Let us tell you that digital gold is a way to buy gold online. In this, the gold will not be physically kept but in your digital wallet. You can also buy and sell it.