Explore the latest news, in-depth reports, and executive analysis tagged with #Phonepe.
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With NPCI also holding meetings with government departments, uncertainty over the October 15 rollout continues, sources say.
In August, PhonePe accounted for a 45.64% share of UPI transaction volume, followed by Google Pay at 32.26% and Paytm at 8.03%.
UPI's new 0.4% MDR grabbed headlines, but the real story is who profits. By our estimates, the top three UPI apps could get up to 40% of the MDR split.
The IPO-bound company this week received in-principle approval for two domestic payments licence from the Central Bank of the UAE (CBUAE).
PhonePe said the partnership builds on its Visa device tokenisation offering launched in February 2025.
The service will be available on select devices from Nokia, HMD, Lava International, and Itel Mobile, with more handset partnerships expected in the coming months.
PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.
PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal.
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
As part of the leadership changes, Rahul Chari, co-founder, PhonePe, has assumed the expanded role of chief product and technology officer (CPTO).
Earlier this year, PhonePe's Share.Market and wealth business head Ujjwal Jain stepped down after four years with the company.
The clarification comes after some users received notifications stating that wallets inactive for more than 12 months could attract a maintenance charge of up to Rs 100 per quarter.
Read about Project UPI Meta (a story with backstory). Also, we write how Industrial AI is beginning to move from experimentation to scaled deployment in India’s manufacturing sector.
If implemented, the move could simplify payment confirmations at crowded retail counters while reducing hardware and subscription expenses for merchants.
In a LinkedIn post, Jain described his exit as the close of a long phase and the beginning of something new.
PhonePe had filed its updated (DRHP) for its IPO with the Securities and Exchange Board of India earlier in January.
The AI-powered search feature that lets users navigate and transact with voice or text commands in natural language.
In this edition, we look into General Atlantic's bet on PhonePe; and why investors are backing startups that want to use voice AI amid spam calls rise.
Behind flashy apps and jackpots lies a complex web of mule accounts, payouts, and payment tricks that move thousands of crores beyond the screen.
Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.
