Despite a high market share in UPI, Google Pay's revenue remains flat, a sharp contrast with competitors like PhonePe and Paytm, which report five times its annual earnings
This partnership underscores SMFG India Credit’s commitment to driving financial inclusion by making formal credit more accessible to underserved and emerging customer segments.
Google Pay's Flex Axis Bank Credit Card is a basic, UPI-linked credit card with instant cashback rewards. No physical card needed, lifetime free but has a tiered reward structure and a low base rate
Peers PhonePe and Paytm also have co-branded Rupay credit cards that can be linked to UPI for merchant payments.
A quick way to clear your tax dues from your phone, without bank logins or branch visits.
Banks set different caps, and apps follow those rules, so knowing where to change the limit saves time and failed-payment stress.
According to a report by News18, Paytm and Google Pay are rolling out a feature that allows users to personalise their UPI IDs, making them look as simple as an email address.
To be sure, IPO-bound PhonePe still dominates the UPI payments landscape, with a little over 45 percent market share, so these figures do not shift the competitive landscape materially
GPay now offers instant personal loans – but are they worth it? Google Pay’s new loan feature promises quick cash, but here’s what you need to know before using it.
As per the NPCI database, POP is currently the 21st largest UPI player in the country, processing 13.6 million transactions in May 2025, with a total transaction value exceeding Rs 500 crore.
From cashback and vouchers to lucky draws, here's how leading UPI apps in India reward customers for making digital payments.
The payments platform will levy this fee for payments of electricity, water and cooking bills, the report said
The value of transactions will likely cross 245 lakh crore for the calendar year, a growth of 34 percent
With competition in the UPI space increasing rapidly, industry watchers say that, in the long term, the eventual market share of players matters, rather than the total number of players operating in the space.
Google Pay users can collect the laddoos – Color, Foodie, Disco, Dosti, Trendy and Twinkle – by making payments to vendor, via credit card, recharges and even payments to friends.
While Google Pay started merchant monetisation in 2019, it has not been as aggressive with acquiring merchants compared to Paytm or PhonePe, thanks to its customer focus
The company has also partnered with Aditya Birla Finance Limited, as it plans to double down on credit in India
Google Pay has received six new features to make it easier for users to make payments using the platform.
PhonePe’s share in total UPI transactions dropped to 48.37% from 48.67% in May. Google Pay’s portion shrunk to 36.76% from 37.18% in the previous month, according to data released by the National Payments Corporation of India.
Last year alone, the UPI payments app claims to have thwarted approximately Rs 12,000 crore worth of suspicious transactions
Through the Aurionpro Transit app, customers can plan their journeys using Google Maps and directly purchase tickets, enabling interoperable and hassle-free travel, the company added.
Electricity, FASTags and loan repayments together account for 70 percent of all bill payments on the BBPS platform by value as well as by volume.
Google Pay remains your go-to for financial transactions. Google Wallet keeps your important documents and passes close at hand, all in one secure app.
The National Payments Corporation of India (NPCI), the quasi-regulator, will extend by as much as two years a year-end deadline to cap at 30% the market share of any company processing payments via the Unified Payment Interface (UPI), the sources with direct knowledge of the matter told Reuters.
Google has officially launched the Wallet app in India. Android users can store boarding passes, loyalty cards, movie tickets, digital car keys, among other things on the Wallet app.