Anyone using the new super.money app? What's the feedback? Do you think it will beat PhonePe in the future?
Also Filpkart app has it's own UPI too 😂
They split phonepe from Flipkart so that they can do IPO twice - once for Flipkart and once for phonepe. This app is to add to the bottom-line for Flipkart.
Could be regulatory bypass, phone pe has to restrict itself to 30% of total transactions maybe they can get new users in the super app instead of phone pe
They are thinking in retail terms. Like car companies rebadge cars in different countries. Just change the frontend and the backend(engine) remains the same. Voila innovation!!!
What is with all the buzz around these 2 new apps? Are they solving some new problem?
I think they are solving the problem of unsatisfied greed of the investors and founders
Walmart owns majority share in both PhonePe and Flipkart, PhonePe is a separate entity from Flipkart, but why is Flipkart itself entering into UPI ecosystem when it is dominant in e-commerce and PhonePe is dominant in UPI and payments.
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Because there is a huge market waiting to be captured. Paytm had some loss, Google and PhonePe were handed notices ...
