Whatsapp Pay

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

10 Jan 2025, 00:18 AM

The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

NPCI extends 30% UPI volume cap by two years; removes user limits for WhatsApp Pay

02 Jan 2025, 18:48 PM

Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.

Fintech Highlights

  1. MobiKwik-backed Blostem bags seed funding

  2. MobiKwik elevates Saurabh Dwivedi as Chief Technology Officer

  3. Jio Financial pumps Rs 190 crore into payments bank

  4. Net1 exits MobiKwik after 8-year investment, books a loss

  5. PB Fintech co-founders sell over Rs 900 crore worth of shares
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case