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PhonePe vs Google Pay: The UPI Battle Is Getting Bigger, and India’s Payment Rules Are Changing

India’s digital payment revolution has created something that was once difficult to imagine: billions of transactions every month without consumers reaching for cash or cards. At the centre of that transformation are two names that have become almost synonymous with everyday digital payments: PhonePe and Google Pay. In July 2026, PhonePe processed about 10.86 billion UPI transactions, representin…

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Post Beyond_Headlines

UPI Charges Are Changing: What the New Merchant Fee Really Means for Indians

India's Unified Payments Interface has become so deeply embedded in everyday life that paying through a QR code often feels less like a financial transaction and more like a routine gesture. A customer buys groceries, pays a restaurant bill, books a service, transfers money to a family member or settles an online purchase, and the payment happens within seconds. For millions of Indians, the most …

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