Wednesday, June 3, 2020

Google and Walmart’s PhonePe establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch – TechCrunch

In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. In May, more than 75 million users transacted on Google Pay app, ahead of PhonePe’s 60 million users, and SoftBank-backed Paytm’s 30 million users, people familiar with the companies’

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