Google Pay

NPCI’s Move Helping PhonePe and Google Pay to Strengthen their Duopoly in India’s UPI Market?

There are over 70 apps in India's UPI market, but the market is predominantly led by only two apps - Google Pay and PhonePe. Together, these two UPI apps account for nearly 90% of the market, leaving the rest...

The Strengthening Duopoly of PhonePe and Google Pay in UPI is making NPCI Anxious

PhonePe has over 4x of Paytm’s UPI market share! One of every two UPI transactions is taking place via PhonePe … and this could be concerning for NPCI. The National Payments Corporation of India (NPCI) faces an acute challenge in...

Google’s Entry into India’s Digital Lending Arena Intensifies Competition

India's Unified Payment Interface (UPI) has already revolutionized the country's economy and the burgeoning tech startup ecosystem. After gaining a sizable share in the UPI space, fintech companies like PhonePe and Paytm have already made significant strides in the...

UPI transactions in India hit an all-time high of 9.4 billion in May 2023

India has seen a digital boom in the last five years, especially after Covid-19 Pandemic. The number of people going online, shopping, and making online payments through UPI, Wallets, or their credit/debit cards has surged dramatically in recent years....

Chipping Away: Amidst the UPI Boom, Paytm Looks To Navigate its Way

As if it wasn’t on a roll earlier, the COVID-19 pandemic made the thrust to digital payments all the more prolific, important, and the ultimate need. At the front and center, milking all that acceleration has been the UPI or...

Google Pay Learns From WhatsApp Debacle: Plans To Monetise Users’ Data, Albeit In A Right Way

After 3.5 years of its existence in India, Google's payments arm Google Pay, or GPay as it's called mostly, is now making a significant move towards monetization. On Thursday, the Alphabet-owned tech giant announced that Google Pay will soon roll...

UPI Transactions Slowing Down? 2.29 Billion In February, A Dip From January!

For the last few months, the growth in the number of UPI transactions has been below expectations. Industry experts expected the surge after the holiday season, but February remains no different, both in terms of UPI transactions volume and...

Tesla Impact: Apple Pay Adds Bitcoin, Google Pay And Samsung Pay To Soon Follow Suit!

Apple has finally caught the crypto-fever and has moved to enable support for bitcoin and other cryptocurrencies in its e-wallet and payments services’ app Apple Pay. But, that is not all.  Now, that the iPhone maker has taken a step...

Google Pay Fee On Instant Transfer: An Indication Of Google’s Aggressive Monetisation Strategy?

Google has decided to levy fee on instant payment, starting from the US market. A few days back, Google rolled out a highly revamped version of its payment app Google Pay in the United States. But, it doesn’t come without...

CCI Is Tightening The Noose Around Google Pay, And Google Is Miffed

In what can only be called an interesting coincidence, soon after GPay recently cried foul about NCPI's 30% cap on UPI transactions while WhatsApp Pay announced its official rolled out in India, the payments app from Google has now...
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Fraud Cases in Indian Banks Tripled in Two Years: Payments Banks at Highest Risk

As technology adoption has surged over the past decade, so has the number of banking fraud cases in India....
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