Adani want stakes in Paytm .
PhonePe launch their new app share.market in fintech industry .
Jio continuesly working and improving their jio payment Bank and jio pay.
Ashneer launch zero pe.
Why fintech industry is booming in past year?
I’ve 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.
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
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 🙂