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
Case Study: PhonePe – India's UPI Leader
Founded in 2015, PhonePe dominates India's digital payments landscape.
Stats:
Users: 350M+ registered
Market Share: 40%+ of UPI transactions
Business Model: Transactions, financial services, advertising.
R
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
VCGuy
Stealth • 5m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️The 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
Fintech start-up I'm working on my project. Anyone here who have experience in app. like phonepe, Paytm, Cred etc.
1 replies2 likes
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