India Delays UPI Market Cap
This is a India news story, published by Yahoo Finance, that relates primarily to PhonePe news.
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digital payment firmsReuters
•Technology
Technology
India delays UPI payments market share cap in relief for Walmart-backed PhonePe, Google Pay
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78% Informative
India delays implementation of market share caps for popular digital payments method by two years .
Google Pay and PhonePe are the two most widely used apps in India to make UPI payments.
The two firms processed a combined 13.1 billion transactions in November , data showed.
PhonePe 's share of payments stood at 47.8% in November 2024 while Google Pay's share was at 37% ..
VR Score
89
Informative language
98
Neutral language
17
Article tone
formal
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English
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55
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