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Interview Questions and Answers

Updated 3 May 2024
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Q1. Strategy question - Why do you reckon PhonePe got a 9 Billion dollar valuation recently.

Ans.

PhonePe's 9 billion dollar valuation is due to its innovative digital payment solutions and strategic partnerships.

  • PhonePe's user-friendly interface and seamless integration with popular e-commerce platforms like Flipkart and Ola have contributed to its success.

  • The company's focus on expanding its merchant network and offering cashback incentives to users has also helped it gain a competitive edge.

  • PhonePe's ability to adapt to changing market trends and introduce new features...read more

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Q2. Engineering Round Draw a high level system Architecture of your last Product that went live.

Ans.

Developed a mobile app for a food delivery service.

  • The app had a client-side and a server-side component.

  • The client-side was developed using React Native and Redux.

  • The server-side was developed using Node.js and MongoDB.

  • The app used Google Maps API for location tracking and delivery tracking.

  • The app had a payment gateway integration with Stripe.

  • The app had a rating and review system for restaurants and delivery drivers.

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Q3. Assignment - A logistics company collecting payments and describing certain problems different users face.

Ans.

As a Product Manager for a logistics company, I would collect payments and address user problems.

  • Identify common payment issues and streamline payment process

  • Gather feedback from users to understand their problems and pain points

  • Develop solutions to improve user experience and increase customer satisfaction

  • Implement tracking and reporting tools to monitor payment and user issues

  • Collaborate with cross-functional teams to ensure seamless integration of payment solutions

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Q4. how many minimum lines you need to cut a cake into 3 pieces

Ans.

Two lines are enough to cut a cake into 3 pieces.

  • You need to make two cuts in the cake to get three pieces.

  • The first cut should be made horizontally across the middle of the cake.

  • The second cut should be made vertically through the center of the cake.

  • This will give you three equal pieces of cake.

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Q5. Design a "Pay Later" feature for an e-commerce consumer website.. In depth discussion on features, metrics, trade-offs.

Ans.

Design a Pay Later feature for an e-commerce website

  • Allow customers to defer payment for a set period of time

  • Offer different payment options such as monthly installments or a lump sum payment

  • Implement credit checks to ensure customers are eligible for Pay Later feature

  • Track metrics such as conversion rates, average order value, and default rates

  • Trade-offs include potential increase in default rates and potential impact on cash flow

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Q6. what could be the new scenario in global payments

Ans.

The new scenario in global payments could involve increased adoption of digital wallets, blockchain technology, and real-time payments.

  • Increased adoption of digital wallets for convenient and secure transactions

  • Integration of blockchain technology for transparent and efficient cross-border payments

  • Shift towards real-time payments to improve speed and efficiency of transactions

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