Which app do you guys use the most for payments? Paytm, Gpay, phonepe or others? And why? Wanted to understand what’s working for whom. I’m building in the fintech sector.
18 replies16 likes
Laxit Rana
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Repute • 1m
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
Indians can use PhonePe UPI payments in Sri Lanka. It has been officially launched in the country.
PhonePe collaborates with LankaPay.
4 replies8 likes
Laxit Rana
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Repute • 2m
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
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
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 require