Back to feeds

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. Fintech firms face high UPI processing costs, totaling

See More
Anonymous

Anonymous 2

Stealthย โ€ขย 5d

Do people really think UPI services can be free forever? Google Pay and PhonePe have been covering UPI processing costs from their own pockets, and the โ‚น12,000 crore burn annually isn't sustainable. They HAVE to start making money somehow.

0 replies

More like this

Recommendations from Medial

Image Description
Image Description

Chamarti Sreekar

Stealthย โ€ขย 5d

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. Fintech firms face high UPI processing costs, totaling

See More
9 replies13 likes
1
Image Description

Mridul Das

Stealthย โ€ขย 8d

Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio

See More
1 replies5 likes
1
Image Description
Image Description

VCGuy

Stealthย โ€ขย 8m

A few days ago, Flipkart introduced its new UPI service, Supermoney. โฎ๏ธ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. Aug, 2018: Walmart acquires

See More
5 replies18 likes
6
Image Description
Image Description

Laxit Rana

ย โ€ขย 

Reputeย โ€ขย 5m

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

See More
38 replies49 likes
17
Image Description

Kumar G Bankapur

Stealthย โ€ขย 5m

Solar thermal technology harnesses sunlight to generate heat, making it a sustainable solution for industrial process heating in India. As industries account for nearly 25% of the countryโ€™s energy consumption, transitioning to solar thermal systems c

See More
1 replies3 likes
Image Description
Image Description

vishakha Jangir

ย โ€ขย 

Set2Scoreย โ€ขย 14d

๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ'๐˜€ ๐—ฑ๐—ถ๐—ฎ๐—บ๐—ผ๐—ป๐—ฑ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ :๐Ÿ’ India processes 90% of the worldโ€™s diamonds by volume and contributes over 75% of the global polished diamond exports. Surat is the worldโ€™s largest diamond cutting and polishing hub, handling over 80% o

See More
5 replies18 likes
1
Image Description
Image Description

Only Buziness

Stealthย โ€ขย 1m

Precautions for startups On our daily life we listen or read about the startups got funding or facing the loses despite of working very hard to success the company many startups still get shut down , alone in India 2024 the number of startups shut

See More
6 replies2 likes
Image Description

Farhan Raza

Stealthย โ€ขย 24d

Top Startup In India. 1. Flipkart: Valued at approximately $37.6 billion, Flipkart is India's leading e-commerce platform, offering a vast array of products and setting benchmarks in online retail. 2. PhonePe: With a valuation of $12 billion, Pho

See More
1 replies11 likes
Image Description
Image Description

PRATHAM

Stealthย โ€ขย 27d

7 Brutally Honest Insights on Indian Startups in 2025 1. AI Everywhere: Indian startups are leveraging AI like there's no tomorrow , they are just integrating AI in every step even when there's no proper use. It's a Buzz like " Dot-com Bubble" - Va

See More
14 replies46 likes
39
Image Description
Image Description

Sarun George Sunny

Stealthย โ€ขย 3m

Mangrove Labs: The Tiny Company Making Big Changes with Farm Waste Imagine if all the leftover bits from farmsโ€”coconut husks, rice straw, old trimmings from treesโ€”could be turned into clean fuel. Instead of burning them up and polluting the air or l

See More
4 replies4 likes

Download the medial app to read full posts, comements and news.