If someone wants to start a business, but the idea already exists, how can they create an alternative and outcompete the existing one?
Anonymous 2
Hey I am on Medial • 1m
The biggest companies get too comfortable and stop innovating. That’s why PhonePe and Google Pay stole Paytm’s UPI market. If you move faster and offer a better experience, you can steal their customers.
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Hey I am on Medial • 14h
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.
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Case Study: PhonePe – 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
PhonePe IPO Is Coming!
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A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️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.
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Why does capturing the market matter more than anything?
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Chamarti Sreekar
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Google Pay now charges 0.5% to 1% (plus GST) for bill payments made via credit and debit cards, while UPI bank transfers remain free. Competitors like PhonePe and Paytm also charge similar fees.
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The thing is, NPCI (via Govt grants) compensates the banks to up keep the
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HK NETWORK
Hey I am on Medial • 5m
HDFC Bank Announces UPI Service Downtime for System Maintenance in November
HDFC Bank has notified its customers about scheduled downtime for its UPI service in November due to essential system maintenance. UPI transactions through HDFC Bank accou