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    HomeNewsOpinionBuy, sell or wind up – small digital payments firms face harsh reality

    Buy, sell or wind up – small digital payments firms face harsh reality

    Consolidation is unavoidable in India's payments space. Smaller firms like MobiKwik will struggle because India’s digital payments business is still dominated by cashback offers.

    Sounak Mitra
    October 25, 2019 / 13:09 IST
    Buy, sell or wind up – small digital payments firms face harsh reality

    A Sadhu or a Hindu holy man pays the vendor through Paytm, a digital wallet company, after buying a book during the annual religious festival of Magh Mela in Allahabad

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