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Happy Tuesday! The market share cap on Unified Payments Interface (UPI) apps may not be implemented before the deadline. Details on this and more in today’s ETtech Morning Dispatch.
Super.money has grown into India’s fifth-largest UPI payments app ahead of established players such as BHIM, WhatsApp Pay, ...
UPI payments linked to credit cards create opportunities for rewards on regular expenses. Users must be mindful of card ...
A surge in new participants may not necessarily make a sizeable dent in the market share of top players, PhonePe and Google Pay, who dominate nearly 85 per cent of the country’s UPI volumes.
In Nov 2020, NPCI had announced that no single third-party app provider should have a market share of more than 30% of total UPI transaction volumes by Dec 31, 2024.
To achieve 30 per cent market share, the option would be to stop on-boarding of new customers for those who have higher than 30 per cent market shares in UPI transactions.
NPCI, please implement your directive on UPI market share National Payments Corporation of India’s deadline to transition to a system where no single UPI app has more than 30 percent market ...
The soaring popularity of smartphone apps that scan barcodes on food products to provide health scores are empowering consumers and shifting dynamics in the food industry, recent studies suggest.
A small group of banks quietly control most of the money received through UPI. This and more in today's ETtech Morning ...
Nearly half of MSMEs prefer UPI for transactions, surpassing Aadhaar-enabled banking, according to a new report. Digital ...
PhonePe tops UPI market share in August In total, Unified Payments Interface (UPI) transactions in August rose 3.6% month-on-month to 14.96 billion and amounted to Rs 20.61 lakh crore.