Which app do you guys use the most for payments? Paytm, Gpay, phonepe or others? And why? Wanted to understand whatās working for whom. Iām building in the fintech sector.
Niket Raj Dwivedi
Ā ā¢Ā
MedialĀ ā¢Ā 9m
PhonePe most days. If it fails, I have Gpay for backup. Earlier was a user of Paytm only but then one time the KYC got stuck and I moved on forever.
Which app do you guys use the most for payments? Paytm, Gpay, phonepe or others? And why? Wanted to understand whatās working for whom. Iām building in the fintech sector.
18 replies16 likes
Laxit Rana
Ā ā¢Ā
ReputeĀ ā¢Ā 1m
Finished implementing phonePe in my company and to my surprise total merchant traffic of phonepe was more than of Paytm, Amazon Pay, flipkart seller and Bharatpe all combined. we may be using Gpay or Paytm for day to day transactions but it's PhonePe
PhonePe/Gpay revenue Model :-
Someone anonymously asked about revenue model of these two so let's break it down for him and for everyone else who is interested in it and is not aware of.
I am assuming you are already familiar with such UPI platfor
Paytm eyes in ride hailing sector through ONDC.Two points to focus on:
1 Few days back we heard that Ola is also focusing to penetrate more in India .
Where does this paytm move will end. Will he able to break the market?
2 Is this just a strategy t
I can verify this. My father has a shop, and almost 80% of the payment transactions are done online.
Here's apps breakdown.
1. Phonepe : 70%
2. Gpay : 15%
3. Paytm : 7%
4. Others : Bhim etc.
But to my father it's frustrating and he's not liking it
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0 replies8 likes
Havish Gupta
StealthĀ ā¢Ā 3d
Once someone made an comment on some Medial's Post and saying 'why would someone use an app with a lot of features'.
And tho i earlier made fun on it, now i kinda agree to it. like leave everyone, i personally prefer apps that are minimalist and sim
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5 replies6 likes
IAN Kakarla
StealthĀ ā¢Ā 7m
Hi guys, I am IAN. I am working on a super app which provides vehicle hailing, local public transport tracking, food ordering ( in store , home delivery and takeaway) hotel and ticket book platform for better payment we are providing payment options
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6 replies6 likes
Vinayak Shivanagutti
StealthĀ ā¢Ā 7m
Case Study: Paytm ā India's Payments Pioneer
Founded in 2010, Paytm revolutionized India's digital payments landscape.
Stats:
Users: 330M+ active
Merchants: 21M+ partners
Business Model: Payments, financial services, e-commerce.
Revenue:
FY18: $
A few days ago, Flipkart introduced its new UPI service, Supermoney.
ā®ļøThe interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires