Paytm is getting back to capture its lost market share, Naavi, Cred, Bhim, WhatsApp Pay and so many new apps are growing strongly. Banks are also getting their UPI app strategy in place.

In January 2022, 461 Cr UPI transactions ... party app providers (TPAP) to cap their transaction value at 30% by December 2023 — i.e PhonePe and Google Pay need to rescue their market share.

MUMBAI: NPCI has extended by two years the deadline for third-party apps PhonePe and Google Pay to bring down their market share in UPI. The apex ... this visit TOI. Get all the Latest News ...

PhonePe carried out 46% of the total UPI ... app providers (TPAP) to cap their transaction value at 30% by December 2023. PhonePe and Google Pay currently own 47% and 34% of the UPI payments ...

UPI apps are increasingly seeking new ways to monetise their vast customer base, including imposing convenience fees on certain transactions. For instance, recently, Google Pay introduced a ...

But what’s interesting is how the top three players are vying for a bigger share of the market. While there ... rate of 0.01% as compared to all UPI remitter banks and 0.04% as compared ...

According to a report from November 2024, Google Pay commands a 37 percent share ... UPI market in India. With the upcoming voice feature, it’s likely that more users will turn to Google Pay for ...