News Competition Commission of India conducting enquiries against fintech entities Foreign fintech entities like Google Pay and PhonePe are dominating the UPI market and CCI has been urged to regulate this in the past. Simone LoboMarch 28, 2024
News Video: Parliament Report Calls For Boosting Local Fintech, Why NPCI’s Control Over UPI Is A Concern Too The RBI has commented multiple times on the concentration risks posed by foreign companies in India, especially Big Tech companies. Sarasvati NTFebruary 21, 2024
News Parliamentary panel flags dominance of foreign-owned Phonepe and Google Pay in UPI space As digital payments soar, the dominance of Phonepe and Google Pay raises questions about the future of Indian fintech. Sarvesh MathiFebruary 13, 2024
News Google Pay signs deal with NPCI for global expansion of UPI The deal between the two entities looks to increase use of UPI outside India by travellers, ease the process of cross-border remittances, and establish... Sarvesh MathiJanuary 18, 2024
News Google Pay launches new credit features for consumers and merchants Google also said that it will enable small businesses to have easier access to formal credit. Sarvesh MathiOctober 20, 2023
News Delhi High Court Holds that Google Pay Is A Third-Party App On UPI, Not A Payment System The court's ruling came in response to two public litigations accusing Google Pay of violating India's payment systems and privacy regulations. Aarathi GanesanAugust 23, 2023
News PhonePe, Google Pay continue to dominate UPI despite marketshare cap deadline nearing As per the latest data provided by the National Payments Corporation of India (NPCI), PhonePe and Google Pay had market shares of 46 and... Sarvesh MathiNovember 3, 2022
News UPI apps PhonePe, Google Pay may get more time to adhere to 30% share cap NPCI may extend the deadline for its mandate requiring UPI payment apps to hold no more than 30% market share. Sarvesh MathiJune 6, 2022
News Round-up of Google for India 2021: Lots of announcements, but none too significant In the past, major Google products made their debut this way but the event is just not as thrilling as it used to be. Sarvesh MathiNovember 19, 2021
News Does Google Pay illegally store Aadhaar data? Delhi HC asks RBI, UIDAI, Google to respond The court issued notices while hearing a petition that opposed Google's access to the data on constitutional grounds. Nishant KauntiaSeptember 20, 2021