Iโve 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.
Aesha
Co-founder, anchorsย โขย 1d
maybe those who prefer GPay do so because of the simplicity and clutter free interface. I know I do.
Most people I know though, prefer Paytm and PhonePe for other use cases
Which app do you guys use the most for payments? Paytm, Gpay, phonepe or others? And why? Wanted to understand whatโs working for whom. Iโm building in the fintech sector.
18 replies16 likes
Kamalesh B
Building STARTUP!!ย โขย 1d
Iโve 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.
10 replies12 likes
Laxit Rana
ย โขย
Reputeย โขย 6m
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
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
I was a user of Google Pay and Paytm but once I started using Phonepe, nothing else was good enough.
7 replies14 likes
Havish Gupta
Figuring Outย โขย 4m
Once someone made an comment on some Medial's Post and saying 'why would someone use an app with a lot of features'.
And tho i earlier made fun on it, now i kinda agree to it. like leave everyone, i personally prefer apps that are minimalist and sim
See More
5 replies6 likes
Ojas Meshram
Hey I am on Medialย โขย 1y
Which online shopping app do you prefer ?? Amazon, flipkart, Ajio,meesho OR any other
And why do you prefer them over others?
And why not other? Is it due to delivery time , quality of product, discount or app interface?
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