UPI MDR: PhonePe CEO Sameer Nigam says charges above Rs 2,000 need sustainable revenue
The UPI payments industry is “bleeding money” and cannot continue to depend on government subsidies, PhonePe CEO Sameer…
PhonePe crosses 11 Bn monthly UPI transactions in August; G-Pay nears 8 Bn
PhonePe crossed the 11 billion monthly transaction mark on the Unified Payments Interface (UPI) in August, while Google…
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…
‘UPI is and will remain free’: PhonePe’s Sameer Nigam assures amid growing doubts over MDR Bill
UPI will remain free for consumers, PhonePe CEO Sameer Nigam said amid growing concern over transaction charges on…
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…
PhonePe appoints Srijon Biswas as CTO
Digital payments and fintech platform PhonePe has appointed Srijon Biswas as its Chief Technology Officer (CTO). In his…
Top 8 UPI Apps In India In 2026
PhonePe (Market Share: 46.20%): Holding nearly half of the total market share, PhonePe is India’s leading UPI app.…
PhonePe clarifies inactive wallet charges apply only to wallet balances
Digital payments platform PhonePe has clarified that inactivity fees on dormant wallets will not affect users’ linked bank…
PhonePe, Google Pay duopoly weakens as market share slips below 80%
Fintech giants PhonePe and Google Pay’s combined UPI market share slipped to 79% in May, according to data…
UPI crosses 23 Bn monthly transactions for the first time in May
Unified Payments Interface (UPI) crossed the 23 billion monthly transaction mark for the first time in May 2026,…
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…