The Indian payment industry is growing steadily and will be worth $500 billion y 2020. PayTM, MobiKwik, Tez, and PhonePe are battling it out in this industry.
will upi based payment apps take over? And what are the features that make these apps stand out from the rest in the market?
Google has included support for Unified Payments Interface (UPI)- based online payments against buys made using the Google Play Store.
The company had first uncovered insights concerning this integration at May 2019’s Google I/O developer conference, where it had expressed that help for India’s fastest developing payment medium will before long be utilized on Google’s official software store also.
Presently, users can buy games, profitability and entertainment apps, and the sky is the limit from there, by basically connecting their particular UPI IDs to their Play Store accounts.
What is UPI & Why Google Start Supporting UPI Payment Mode-
UPI, short for Unified Payments Interface, is an activity and facility offered by the Government of India to advance the utilization of digital payment solutions in the nation.
With UPI, clients can transfer a limited measure of money immediately between ledgers.
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