Millions of Indians experienced widespread disruption of UPI transactions on Wednesday night as payment failures were experienced on prominent apps such as Google Pay, Paytm, and some banking apps.

India has once again pushed back a contentious plan to limit major technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the ...

Continuing the duopoly, PhonePe and Google Pay accounted for nearly 85% of the Unified Payment Interface (UPI) market share in May. Walmart-backed PhonePe recorded 868.20 Cr transactions worth INR ...

On Saturday, April 12, 2025, a major disruption in UPI (Unified Payments Interface) services left millions of users across India struggling to make digital payments. Platforms like Paytm, PhonePe, and ...

MUMBAI, Dec 31 (Reuters) - India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart (WMT.N), ...

Global tech giant Google on Friday criticised India's move to cap the share of transactions some companies within the country's digital payments space can account for, saying it would hinder the ...

PhonePe recorded 854.7 Cr transactions, worth INR 11.98 Lakh Cr in the month under review On the other hand Google Pay recorded 654.1 Cr UPI transactions in June, declining almost 3% month-on-month ...