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Once The Leader In UPI Payments, Paytm Now Does Half As Many Transactions As Both Google Pay And PhonePe
Tech is a fickle beast — the disrupters of yesterday might themselves end up getting disrupted themselves. Paytm, which had revolutionized online payments in India, has fallen a long way behind Google Pay and PhonePe in UPI payments. In July, Paytm did 133 million UPI transactions, which was less than half those done by PhonePe and Google Pay — PhonePe did 296 million transactions in the same period, while Google Pay did 300 million. In...