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Anonymous

Hey I am on Medial • 9m

How we can create an app like Phonepe and Gpay that are QR based for payment purpose What are the challenges for merchants in using these apps which can be resolved?- if anybody is using these apps as a merchant pls guide What are the legal requirements to build these apps? if any links for RBI or government guidelines

2 Replies

Replies (2)

Anonymous 1

Hey I am on Medial • 9m

The license needed to operate a business/app like this alone costs 2-3 cr rupees minimum. Too many legal requirements too apart from the licenses. The only challenge, honestly, to build something like this, is lack of mota stacks of CASH.

1 Reply

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Anonymous

Hey I am on Medial • 6m

Hello Medial Community If anyone could help me, how could one launch his own QR code like phonepe, gpay, etc.

Laxit Rana
•

Repute • 9m

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

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Shubham

Digital Marketer • 22d

Is adding UPI deep links in an app (where users can scan existing merchant QR codes, enter amount, and pay via their UPI app) legal, or do I need an RBI license or Payment Aggregator approval for this?

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Laxit Rana
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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

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The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef

Anonymous

Hey I am on Medial • 11m

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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Hey I am on Medial • 3m

Tired of sharing your QR Code or UPI ID manually? Generate a secure UPI payment link in just a few clicks and start receiving payments instantly. Works seamlessly with Google Pay, PhonePe, Paytm, and all UPI apps. https://upi.liveyst.com/

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Anonymous

Hey I am on Medial • 1y

Paytm is using their sound-box network to regain confidence of merchant and stoping them from moving to other fintech. They keep broadcasting their voice messages on soundbox every couple of hours that "Your Paytm services like merchant account, QR c

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