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.

India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay. Tuesday December 31, 2024; Reuters; India has pushed back the implementation of market share caps for UPI apps like ...

Roadmap for Bank-based Apps to Gain UPI Market Share - A missed opportunity! According to the DigiDhan Dashboard, UPI accounted for 69.6% of all digital payment transactions by volume in India during ...

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.

Paytm is getting back to capture its lost market share, Naavi, Cred, Bhim, WhatsApp Pay and so many new apps are growing strongly. Banks are also getting their UPI app strategy in place.

PhonePe and Google Pay continue to dominate India's UPI ecosystem, capturing significant market share in May. PhonePe processed ₹12.56 lakh crore across 8.7 billion transactions, nearly half the ...

NPCI extends 30% market share cap on UPI apps by another two years, removes user limits for WhatsApp While NPCI's move to extend the timeline comes as a relief for PhonePe and Google Pay, ...

The National Payments Corporation of India (NPCI) has decided to extend the deadline for UPI providers to adhere to the 30% market share limit by two more years, now set for December 31, 2026.

(MENAFN- Kashmir Observer) New Delhi- In a relief to major players like PhonePe and google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party Unified ...

The extension provides them additional time to comply with the proposed market share limits. The rules, which impose a 30% volume cap on third-party UPI apps (TPAPs), do not apply to UPI apps ...