Razorpay CEO joins PhonePe chief in backing free UPI payments for consumers amid doubts over MDR
After PhonePe founder and CEO Sameer Nigam assured consumers that UPI payments would remain free for them, Razorpay’s…
India moves to give its instant payments network a business model
India is taking steps to reshape the business model behind its Unified Payments Interface (UPI), a widely used…
WhatsApp overtakes CRED in UPI volume in June; PhonePe retains lead
WhatsApp overtook CRED in Unified Payments Interface (UPI) transaction volume in June, processing 150.48 million transactions compared with…
Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of…
Startup Mafia 3.0: Razorpay, Cred, Meesho help spawn 200+ founders
Executives from India’s second generation of high-growth startups, built between 2014 and 2025, have spawned a new wave…
PhonePe hits 9.8 Bn UPI transactions in December; BHIM overtakes CRED
PhonePe has continued to tighten its grip on India’s UPI ecosystem in December with 9.81 billion customer-initiated transactions…
Why India must act now to prevent PhonePe and Google Pay’s UPI Duopoly from becoming a national liability
India’s UPI is a world-class innovation. However, beneath the shine lies a serious vulnerability in the form of…
PhonePe, G-Pay see decline in UPI transactions in Sept; gaming payments collapse
September witnessed a steady performance in India’s Unified Payments Interface (UPI) ecosystem, with a total of 19,633.43 million…
PhonePe, Paytm, CRED shut down rent payment services as RBI mandates new rule for payment aggregators
Fintech leaders – PhonePe, Paytm, and CRED have ceased rent payment services on their apps, a category that…
No rent payments through PhonePe, Paytm, Cred amid RBI curbs
Leading fintech platforms, including PhonePe, Paytm and Cred, have halted rent payment services on their apps. The category…