Wednesday, 17 April, 2024

India's Efforts to Restrain PhonePe and Google's Control in Mobile Payments

India is taking urgent measures to curtail the dominance of PhonePe and Google in the mobile payments sector. Concerns have arisen regarding the overwhelming market influence wielded by these platforms, prompting regulatory actions aimed at fostering a more competitive landscape. These efforts aim to ensure fair competition and promote a level playing field within the Indian mobile payments market.