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
First movers advantage is REAL !! It's not like other apps UI is so bad that people started shifting to PhonePe.
0 replies1 like
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Early movers advantage is real.
PhonePe definitely knew how to use Paytmโs fall to its advantage. The war is on ๐ฅ
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Why does capturing the market matter more than anything?
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๐จ Market Share of UPI Apps (July 2024)
โข PhonePe - 48.3%
โข Google Pay - 37%
โข Paytm - 7.82%
โข Others - 6.88%
CRED is Now The 4th Largest UPI Player.
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M S Shaikh
Hey I am on Medialย โขย 1y
What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions
