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I’ve noticed that even though we have Indian apps like Paytm and PhonePe, a lot of customers still prefer using Google Pay. It makes me wonder why foreign companies still have such a strong hold in India.

🚨 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.

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

Amazon India has undertaken its highest-ever reduction in seller fees as it squares up for growing competition in the sector - The company has introduced zero referral fees on over 1.2 crore products in the low-value category, i.e. less than Rs 300

Google pay is shutting down its US business, Paytm is already struggling here in India, Google playstore is delisting some apps but in all this; PhonePe is launching the Indus App store, interesting 🙂

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. 📑Just take a look. PhonePe (Owned by Walmart, USA) – 48.9% Goog

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