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Google Pay

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Last Updated: Just Now

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Banking, Fintech & Insurance 09 Oct 2026, 07:28 AM IST

India’s UPI Fee Shift Could Cement PhonePe, Google Pay Dominance

India’s new merchant fee regime for UPI transactions above Rs 2,000 is likely to deepen the advantage of the country’s largest payment apps, with Bernstein estimating that PhonePe and Google Pay could together generate about $900 million annually by March 2028. The policy may also accelerate expansion into rural markets and push smaller rivals toward higher-value transactions, reinforcing scale as the decisive competitive edge in digital payments.

By RDU Global Wire5 min read

Banking, Fintech & Insurance08 Oct 2026, 09:02 AM IST

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for UPI transactions above Rs 2,000 is poised to deepen the dominance of PhonePe and Google Pay, according to Bernstein estimates. By March 2028, the two market leaders could together generate about $900 million in annual revenue from the change, reinforcing their scale advantage while pressuring smaller rivals to chase higher-value payments and rural expansion.

5 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 11:09 AM IST

India’s UPI Fee Shift May Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for high-value UPI transactions could hand the country’s largest payment apps a powerful revenue tailwind while reinforcing their market dominance. Bernstein estimates PhonePe and Google Pay could together earn about $900 million annually by March 2028, a shift that may widen the gap between incumbents and smaller rivals.

5 min readRead →

Banking, Fintech & Insurance04 Oct 2026, 05:46 PM IST

HDFC Bank Names ICICI Veteran Anup Bagchi as Managing Director and CEO

HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with deep experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. His appointment takes effect on October 27, succeeding Sashidhar Jagdishan, whose term ends a day earlier, after receiving Reserve Bank of India approval.

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India Entertainment & Culture03 Oct 2026, 08:49 PM IST

Education Ministry Approves Five Centres of Excellence for Classical Language Studies

India’s Education Ministry has approved five Centres of Excellence to advance the study, research, and preservation of classical languages, marking a significant policy push in the humanities. The initiative is expected to strengthen academic capacity, expand scholarly resources, and deepen institutional support for languages treated as part of India’s civilisational and cultural heritage.

6 min readRead →

Macro Economy & Fiscal Policy03 Oct 2026, 08:08 PM IST

Keventer, Saroj Poddar Groups Launch Rs 400-Crore Real Estate Debt Fund

Keventer Group and Saroj Poddar Group have launched a Rs 400-crore real estate debt fund aimed at financing projects in Delhi-NCR and West Bengal through secured lending. The sponsors have committed Rs 80 crore to the vehicle, which is targeting a gross internal rate of return of 18% to 22%, underscoring continued investor appetite for structured property credit in India.

6 min readRead →

Banking, Fintech & Insurance03 Oct 2026, 08:15 AM IST

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Lead

India’s new merchant fee regime for UPI transactions above Rs 2,000 is poised to deepen the dominance of PhonePe and Google Pay, with Bernstein estimating the two platforms could together generate about $900 million a year by March 2028. The policy may also accelerate expansion into rural markets and push smaller rivals toward higher-value payments, reshaping competition in the country’s fast-growing digital payments sector.

5 min readRead →

Banking, Fintech & InsuranceJust now (03:42 PM IST)

India’s UPI Fee Shift May Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions could hand a major revenue windfall to the country’s largest payment apps while widening the gap between incumbents and smaller rivals. Bernstein estimates PhonePe and Google Pay could together earn about $900 million annually by March 2028, reinforcing their scale advantage as the market adjusts to the 0.4% charge on merchant payments above Rs 2,000.

5 min readRead →

Markets, IPOs & WealthJust now (04:08 AM IST)

European Shares Slide as Bond Yields Surge, Squeezing Risk Appetite

European equities opened the final quarter under pressure on Thursday as a fresh climb in global bond yields and lingering inflation concerns prompted investors to trim risk. The STOXX 600 fell about 1%, with banks among the weakest performers, while softer oil prices offered only limited relief to a market still focused on the prospect of higher-for-longer interest rates.

5 min readRead →

Banking, Fintech & InsuranceJust now (03:26 AM IST)

India’s UPI Fee Shift Could Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions is set to strengthen the country’s largest payment apps, with Bernstein estimating that PhonePe and Google Pay could together generate about $900 million annually by March 2028. The policy may deepen their lead over smaller rivals, while also nudging payment firms to expand into rural markets and pursue higher-value transactions.

5 min readRead →

India Sports & CricketJust now (06:22 PM IST)

Anish Finishes Seventh as India Ends Campaign with 15 Medals

Anish delivered a composed late surge to finish seventh, shooting four out of five at a decisive stage of the final and closing with 11 hits from 15 shots. The result brought India’s campaign to an end with a total of 15 medals, underlining a strong overall showing even as the final podium push fell short.

5 min readRead →

Banking, Fintech & InsuranceJust now (12:10 AM IST)

India’s UPI Fee Shift May Cement PhonePe, Google Pay Dominance

India’s new merchant fee regime for high-value UPI transactions could hand PhonePe and Google Pay a powerful new revenue stream, with Bernstein estimating annual earnings of about $900 million by March 2028. The policy may deepen the lead of the two dominant payment apps while nudging smaller rivals toward niche, higher-value use cases and broader rural expansion.

5 min readRead →

Banking, Fintech & InsuranceJust now (07:40 PM IST)

India’s UPI Fee Shift Could Cement PhonePe and Google Pay’s Market Power

India’s new merchant fee regime for high-value UPI transactions is poised to deepen the dominance of PhonePe and Google Pay, with Bernstein estimating the two platforms could together generate about $900 million annually by March 2028. The 0.4% fee on merchant payments above Rs 2,000 may also accelerate expansion into rural markets while forcing smaller rivals to chase larger-ticket transactions to survive.

5 min readRead →

Banking, Fintech & InsuranceJust now (04:43 AM IST)

India’s UPI Fee Shift Set to Cement PhonePe and Google Pay Dominance

India’s new merchant fee regime for Unified Payments Interface transactions could hand PhonePe and Google Pay a powerful revenue tailwind, with Bernstein estimating annual earnings of about $900 million by March 2028. The policy may deepen the lead of the two market leaders while nudging smaller rivals toward higher-value payments and broader rural expansion.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Google Pay:

India(15)PhonePe(14)Bernstein(14)New Delhi(9)West Bengal(2)V. Anantha Nageswaran(1)