Reuters Business(@ReutersBiz):Walmart-backed PhonePe and Google Pay could earn hundreds of millions of dollars a year in extra revenue from India's move to allow merchant fees on its widely used Unified Payments Interface digital payment network, entrenching the dominant apps' lead over smaller rivals. More here:

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Reuters Business@ReutersBiz

2026.09.22 08:05

Walmart-backed PhonePe and Google Pay could earn hundreds of millions of dollars a year in extra revenue from India's move to allow merchant fees on its widely used Unified Payments Interface digital payment network, entrenching the dominant apps' lead over smaller rivals. More here: