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.
šJust take a look.
PhonePe (Owned by Walmart, USA) ā 48.9%
Goog
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Vishu Bheda
Ā ā¢Ā
MedialĀ ā¢Ā 1d
This is an interesting point! India created UPI, but most of the big payment apps are owned by foreign companies. This means a lot of money and data go outside India.
0 replies10 likes
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Mridul Das
Introvert!Ā ā¢Ā 1d
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.
šJust take a look.
PhonePe (Owned by Walmart, USA) ā 48.9%
Goog
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.
https://upi.liveyst.com/
ONE INTERESTING OBSERVATION SERIES
DAY #2
With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case
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10 replies10 likes
Rohan Saha
complicated InvestorĀ ā¢Ā 1m
Currently, Indian quick commerce players are exploring the out-of-India market for expansion. It will be interesting to see how they accomplish this because there aren't many such businesses outside India.
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Mahendra Lochhab
Content creatorĀ ā¢Ā 23d
UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.
0 replies3 likes
PonGangaiRaman NKS
Front End DeveloperĀ ā¢Ā 1m
Hi Everyone, I'm currently working on a fintech app which supports payment gateway like PhonePe, GPay, Paytm. We're not into payment gateway but we need to support Peer-to-Peer(P2P) and Peer-to-Merchant(P2M) transactions in our app. I tried implement
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3 replies3 likes
Siddhant Soni
Hey I am on MedialĀ ā¢Ā 11m
UPI has revolutionised the payment scenerio in India and indeed UPI involved complex tech and India is also giving this technology to other countries like Ghana.
So my question is that, why countries like USA, Japan and other European countries are s
Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side.
When PhonePe gets complete approval from SEBI, They share their complete
I really want to see the UPI option on all international payment gateways. I also believe UPI payments are much safer than using cards. Iām saying this after joining many Telegram groups š.
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Uttkarsh Singh
LearningĀ ā¢Ā 1y
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 š