India To Again Delay Caps On UPI Payments Market Share, Will Help PhonePe, Google Pay: Report
Representational Image New Delhi: India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration. The National Payments Corporation of India (NPCI), the quasi-regulator, will extend by as much as two years…