One reason, I still use Paytm eventhough Phonepe and CRED are much better at UPI payments is because of the simple scan widget on homescreen that doesn't need passcode/fingerprint and reducing the amount of time taken for UPI transaction.
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Vishu Bheda
Transforming vision ... â˘Â 8m
đ¨ Market Share of UPI Apps (July 2024)
⢠PhonePe - 48.3%
⢠Google Pay - 37%
⢠Paytm - 7.82%
⢠Others - 6.88%
CRED is Now The 4th Largest UPI Player.
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M S Shaikh
Hey I am on Medial â˘Â 12m
What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions
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UPI based payment gateway for developers.
I want to enable UPI payments on my website. Which solution can I use? Paytm, Razorpay, Phonepe required documents proving you are a registered business. But I'm a dev, don't have any registered business. Loo
A few days ago, Flipkart introduced its new UPI service, Supermoney.
âŽď¸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
Case Study: PhonePe â 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
India may have created huge technologically advanced Startups based on UPI but in reality it's no more Indian to be honest . US Monopolies in Indian Market in every important sectors.
đJust take a look.
PhonePe (Owned by Walmart, USA) â 48.9%
Goog