DingDong

Flipkart launches UPI Service

This space is truly getting exciting

8mo ago

TepidFanny11

Freelancer8mo

Upi is free service, providers can’t charge for it .. What exciting about it? It has no business model

Brutallyhonest

Stealth8mo

Yes. It’s just a eye wash. To be a fin tech. Once everyone hits the scale UPi will start charging for the business. Not consumers. Flipkart, Slice and other small players will close the shop

GrapeGodfather

Stealth8mo

@FUDResearch slice? lmao. they ded bruh

Hard

Optum8mo

If i am not wrong flipkart owns phonepe right?

deadpm

Stealth8mo

They separated a while ago, Walmart bought a majority stake in PhonePe and Flipkart has very little to no ownership if I'm correct. This is when there were crazy ESOP buybacks at Flipkart.

What I don't get is that both companies still have the same parent -- Walmart. Can someone from Flipkart explain how there's no conflict of interest?

Grapevine107

Stealth8mo

Too late to the party. The existing players are deeply entrenched with all the marketing spends that they have done so far as well as their distribution network.

SandigdhaVyakti

Google8mo

lol

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Curated from across

LovePMRazorpay4mo

Flipkart enters the UPI race

question: do we need another app do payments?

NewsAnchorGrapevine2mo

Flipkart's Super.Money Eyes External Funding, Plans to Launch FDs and Credit Lines via UPI

Super.Money, backed by Flipkart, recently launched a co-branded credit card and plans to expand to six financial products targeting young professionals.
Founder Prakash Sikaria revealed plans to seek external funding in December 2024...

ChiggyVsTomatoSwiggy8mo

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.

...

NewsAnchorGrapevine2mo

UPI Circle: Revolutionizing Shared Digital Payments in India

The UPI Circle-Delegate Payments feature allows primary UPI account holders to delegate transaction rights to secondary users, enhancing shared financial management.
This feature is particularly useful for families, joint account hol...

1.7K views

PortlyExcuseFlipkart6mo

Anybody tried Google Wallet out yet? Would be cool if India moves to more NFC based payments via tapping phone watch. Thoughts on what's next for better payments in India:

Noticed that this phenomenon is just much more in other countries. Maybe cuz UPI is already so. convenient in India that a slightly smoother experience wasn't needed. But with most people wanting to use credit cards, these are the next 2...

Or get it on the stores.

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Flipkart launches UPI Service

Flipkart enters the UPI race

Flipkart's Super.Money Eyes External Funding, Plans to Launch FDs and Credit Lines via UPI

Why Flipkart built UPI ?

UPI Circle: Revolutionizing Shared Digital Payments in India

Anybody tried Google Wallet out yet? Would be cool if India moves to more NFC based payments via tapping phone watch. Thoughts on what's next for better payments in India:

Flipkart enters the UPI race

Flipkart's Super.Money Eyes External Funding, Plans to Launch FDs and Credit Lines via UPI

Why Flipkart built UPI ?

UPI Circle: Revolutionizing Shared Digital Payments in India

Anybody tried Google Wallet out yet? Would be cool if India moves to more NFC based payments via tapping phone watch. Thoughts on what's next for better payments in India: